The SETC Tax Credit by IRS Set to End In..
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As per IRS guidelines, you are NOT required to provide proof of a positive COVID-19 test or your COVID-19 status when submitting your filing. Instead, you are confirming IN GOOD FAITH that you experienced COVID-19, its symptoms, related illness, or quarantine, resulting in the inability to work and earn income. While no specific evidence is needed for filing, it's advisable to retain certain records for your records. These might include a positive COVID-19 test result, a healthcare provider's note about your positive test or symptoms, or documentation indicating quarantine. Also, remember that maintaining records of non-working days due to COVID-19 exposure or symptoms could be beneficial, such as data from your business software or bank statements reflecting the absence of sales deposits during that period. You can trust our simplified process to account for your circumstances accurately and fairly.
Please reach us at info@setc-gov.com if you cannot find an answer to your question.
Please reference the "Need help completing the application" video on the home page or email us at info@setc-gov.com
We will need to file an amendment on your tax return. We do this all the time. All we require from you is a copy of your 2020 and 2021 tax returns and a copy of your drivers license and we’ll handle the rest.
Not at all. Our website has an agreement letter that you must read, sign, and date. You will also need to upload a copy of your 2020, and 2021 tax returns and a copy of your driver’s license. That’s it.
We make the process as easy and stress-free as we can for you. Once we have your tax returns, we’ll take over and get everything filed for you.
Yes. This tax credit is for self-employed individuals, small business owners, freelancers, and 1099 contractors only.
In as little as 10 days! Once we receive the necessary paperwork from you, we will begin to work on your case and get all the forms filed, etc.
Did you test positive for COVID or Did you have Covid-like systems?
If Covid-like systems caused you to be ineligible to go work, to make money, to provide for your family. If you couldn’t sell. You Potentially to qualify for SETC.
You may also qualify If your children’s schools were closed, if your children’s daycare was closed, if you had family that you had to care for that had COVID or that you had to help them out and stop what you were doing, or had covid-like systems or were quarantined on top of your systems.
If ANY this enabled or limited you from making money during COVID, you are likely eligible!
Yes, here is the IRS News Release
You can receive PPP, ERC, and SETC.
As long as you received the 1099 income as a Sole Proprietor, Partnership, or Single-member LLC and it is separate from your W-2 income, you are likely eligible.
No, the SETC is Tax-Free
April 15, 2025. Apply before it is too late!
April 15, 2025. Apply before it is too late!
Absolutely. You can contact us at support@gigworkersolutions.com or 804-377-4770.
The Sick and Family Leave tax credit for self-employed and 1099 workers is for eligible self-employed individuals or independent contractors.
Under the FFCRA, eligible self-employed individuals or independent contractors could claim a refundable tax credit against their income tax liability for up to 100% of the qualified sick and family leave equivalent amounts, subject to certain limitations if they were unable to work or telework due to COVID-19-related reasons.
The qualified sick leave equivalent amount was the lesser of either $511 per day or 100% of the average daily self-employment income for each day an individual was unable to work or telework because they were subject to a quarantine or isolation order, had COVID-19 symptoms and were seeking a medical diagnosis, or were caring for someone who was subject to a quarantine or isolation order or who had COVID-19 symptoms.
The qualified family leave equivalent amount was the lesser of either $200 per day or 67% of the average daily self-employment income for each day an individual was unable to work or telework because they needed to care for a child whose school or place of care was closed due to COVID-19.
To claim the tax credit, eligible self-employed individuals or independent contractors would report the qualified sick and family leave equivalent amounts on their 2020, or 2021 tax returns, depending on when their leave was taken.
Have a network of business owners, 1099 employees, contractors, freelancers? Or maybe you just have a passion for making $ while helping people. Fill out the form below to request an SETC Affiliate Partnership to earn a fee on businesses referred to us.
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