Coronavirus Tax Credit
Coronavirus Paid Leave Tax Credit For Self Employed Workers paying up to $32,220 for individuals, and $64,440 for couples who filed jointly. FFCRA helps independent business owners and contractors receive money for not being able to work during Covid. $50B approved for SETC - It's first come first serve.
Who Qualifies?
Self Employed,
1099 Contractors,
Sole Proprietors,
Single Member LLC,
Filed Schedule C or SE
Self - Employed Couples who filed jointly
About 90% of these individuals who took time off work in 2020 or 2021 due to Covid qualify for the refund. Filings take 48 hours and you will receive your refund check within 8 - 12 weeks.