Get up to $32,220 with the Self-Employed Tax Credit (SETC)

1. The SETC tax credit was designed to support self-employed individuals who were affected by COVID-19.

2. It is part of the COVID-relief package of 2021, under the FFCRA (Families First Coronavirus Relief Act).

3. It is NOT a loan and is not taxed.

4. It takes 1-2 minutes to check if you qualify, click here to check your credit amount.

On average, taxpayers are getting 12,000-18,000 dollars

with the SETC tax credit program.

The IRS article

The Self-Employment Paid Sick & Family Leave Tax Credit was introduced under the Families First Coronavirus Response Act (FFCRA) and later expanded under the American Rescue Plan Act (ARPA).

(link to the official IRS article)

Forbes:

"... But Congress and the IRS were aware of the challenges these individuals faced. As a result, there is a key credit that all self-employed individuals should take on their 2020 tax return: the Credit for Sick Leave and Family Leave for Certain Self-Employed Individuals found on Form 7202. Although it is a powerful credit, many people may not take full advantage of it, or even be aware it exists."

There are two eligibility criteria:

This could be a single-member LLC, a sole proprietorship, a 1099 subcontractor, etc. As long as you file a Schedule C for 2020 and/or 2021, you are considered self-employed.

1. Were you self-employed during COVID-19?

2. Did COVID-19 impact your ability to work?

Whether you took time off because you had COVID or COVID-like symptoms, underwent testing, were in quarantine, were in lockdown, or had to care for a sick child, elder, spouse, etc.

If you answered YES to both questions above, then you most likely qualify for the SETC tax credit, and can get up to $32,220!

Real Stories, Real Satisfaction

"Alright, but How exactly do I claim my tax refund?"

Step 1

Start the application and your credit claim will be done within 24 hours

Step 2

Click "qualify now" button. Answer a few questions and check how much you qualify for.

Step 3

Schedule an appointment with one of our consultants and get your claim reviewed professionally

Frequently asked questions

1. How much can I expect to get from the IRS?
We see an average funding of around $17k out of the maximum of $32,220. This amount really depends on your income level as well as how many days the pandemic impacted your work. People with dependents also get more on average.

2. When is the deadline to claim the SETC?
The deadline to claim the SETC for 2020 is April 15th, 2024. For 2021, it’s April 15th, 2025.

3. Is there a lot of paperwork to do?
Not at all. For The Relief Consultants to file on your behalf, all you need to do is upload tax returns from 2020 and 2021, and we’ll take care of the rest.

4. Is SETC a loan or a grant?
The SETC is not a loan or a grant, it’s a tax refund. You don’t pay it back, and you don’t pay taxes on it.

5. How can I claim the credit?
Book a call with one of our consultants to go over the program details and filing process.