<p><br>To qualify, you must:</p>
<ol>
<li>Be self-employed, including freelancers, independent contractors, or members of partnerships.</li>
<li>Have been unable to work due to illness, quarantine, or caregiving needs caused by COVID-19.</li>
<li>Have reported self-employment income in 2020 or 2021 on a Schedule SE form.</li>
</ol>


To qualify, you must:

 1. Be self-employed, including freelancers, independent contractors, or members of partnerships.
 2. Have been unable to work due to illness, quarantine, or caregiving needs caused by COVID-19.
 3. Have reported self-employment income in 2020 or 2021 on a Schedule SE form.

Who is eligible for the SETC?

What is the Family First Coronavirus Response Act (FFCRA)?

What is the CARES Act?

What is the Self-Employed Tax Credit (SETC)?

For which tax years can I claim the SETC?

How is the credit calculated?

What is the maximum SETC refund I can receive?

Is the credit taxable or a loan?

How do I receive my SETC credit?

What happens if I owe back taxes?

Can I use my 2020 income if it was higher than my 2021 income?

Am I eligible if I was both a W-2 employee and self-employed?

Can my spouse and I both receive the credit if we filed taxes jointly?

Can I count weekends as missed workdays?

What is the Application Process?

What documents do I need?

When is the deadline to apply for the SETC?

Does applying for the SETC credit affect my credit score?

Frequently Asked Questions