Self Employment Tax Credit
Business Genre
Long Business Description
What is the Self-Employment Tax Credit (SETC)?
Congress passed the SETC (aka FFCRA) in the CARES act in 2020, making self-employed individuals entitled to receive up to $32,220 if they experienced any of the following during 2020 or 2021 related to the pandemic:
- Illness
- Quarantine
- COVID-19 symptoms
- Testing
- Being forced to miss work because of your child’s school or daycare closures
- Caregiving responsibilities for your child or a loved one
FIND OUT YOUR ELIGIBILITY AND REFUND AMOUNT WITHIN 24-48 HOURS.
Eligibility is based on how you filed your taxes, profit, and days missed due to Covid.
The Credit availability expires April 15. 2025