Unlock Self-Employed Tax Credit Benefits
Claim up to $32,220 in tax credits from 2020 & 2021. It only takes 5 minutes to check your eligibility!
. NO UPFRONT FEES
. This is NOT a loan
. It is NOT taxable
. It does NOT have to be paid back!.
. Deadline is April 15, 2024!
What Is The Self-Employment Tax Credit
The SETC is a specialized tax credit designed to provide support to self-employed individuals during the COVID-19 pandemic.
It acknowledges the unique challenges faced by those who work for themselves, especially during times of illness, caregiving responsibilities, quarantine, and related circumstances.
This credit can be a valuable resource for eligible individuals to help bridge financial gaps caused by unforeseen disruptions.
Almost Everybody With Schedule C Income Qualifies
Amidst the pandemic, millions grappled with COVID-related challenges, including illness, symptoms, quarantine, and caregiving responsibilities.
If you found yourself in such situations, where COVID impacted your ability to work, the SETC was designed to be your safety net, but it’s not too late.
Self-Employed Status:
COVID Impacts:
How Do I Qualify?
Who Does Not Qualify?
Whether you battled COVID, experienced COVID-like symptoms, needed to quarantine, underwent testing or cared for a family member affected by the virus, the SETC could be your financial relief.
If the closure of your child’s school or daycare due to COVID restrictions forced you to stay home and impacted your work, we’re here to help.
If you were self-employed in 2020 and/or 2021, you could potentially qualify for the SETC. This includes sole proprietors who run businesses with employees, 1099 subcontractors, and single-member LLCs.
If you filed a “Schedule C” on your federal tax returns for 2020 and/or 2021, you’re on the right track.
Sub S or True S Corps and C Corps are not eligible for the SETC. This unique tax credit is exclusively available to business owners who filed a “Schedule C” or a Partnership (1065) on their federal tax returns for 2020 and 2021.
When you’re ready to apply, you’ll need a few tax documents, the dates) that qualify you, and two completed documents from Gig Workers.
Required Documents
Watch Application Video
The only documents required to complete your analysis are the 2019, 2020 and 2021 Tax Returns (1040s with Schedule C ). A copy of your drivers license.
Start Your Application Today!
The Process:
1. Go to the “GET STARTED” button. It will take you to a list of questions that will help us determine if you qualify for this program.
2. Upload copies of your 2019, 2020 & 2021 tax returns and your drivers license into our system.
3. Our team completes the calculations to determine how much SETC refund you qualify for in less than 10 days
Three Possible Outcomes:
Outcome A:
We inform you that you do not qualify for the SETC.
Outcome B:
If you have a Tax Credit Refund LESS than $2,500; we will email you that you qualify for the credit, however, we can’t process the tax credit for you. An amount to file this small we cannot sustain on a contingency model.
Outcome C:
If you have a Tax Credit Refund of $2,500 or MORE we will email you our service agreement to come; which gives us permission to process your file.
4. You will be emailed our service agreement to e-sign.
5. We collect a 25% fee of the total SETC received AFTER you receive your refund in your hands. The Treasury will mail your refund to your home address; nothing is sent to us. Notify us that you received the refund; then we will invoice you for 25%.
Example, John is qualified for a $10,000 SETC refund. We file his paperwork. He received his $10,000 SETC refund check in the mail, then he notifies us via email and then we will invoice him for 25% of that amount ($2,500).
After you e-sign service agreement; we will send you the documents to sign for your SETC filing. We will email you the documents you will need to print out and sign; and then mail back to our office. The documents require you to sign them with a blue pen, which is a “Wet Signatures”; you unfortunately can’t e-sign them and mail them back to our office. We will then mail your documents to the IRS within 48 hours and provide you with a tracking number confirming they have been mailed.
6. Now we wait. The IRS will take 3 – 5 months to review your file and mail you your refund.
Frequently Asked Questions
What is the Sick & Family Leave Tax Credit?
The Sick and Family Leave tax credit for self-employed and 1099 workers is for eligible self-employed individuals or independent contractor
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.
What documents are required?
Please reference the "Need help completing the application" video above.
What if I already filed my taxes for 2020 & 2021?
Please reference the "What Documents are Required?" video above.
Do I have to fill out a ton of paperwork?
No. Our website has an agreement letter that you must read, sign, and date. You will also need to upload a copy of your 2019, 2020, and 2021 tax returns and a copy of your driver’s license.
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.
Do I have to be self-employed to file for the tax credit refund?
Yes. This tax credit is for self-employed individuals, small business owners, freelancers, and 1099 contractors only.
How much of a tax credit can I expect to receive?
A few factors go into calculating your tax credit refund amount. The most significant factors would be:
1. Your net income from your Schedule C on your 2019, 2020, and 2021 tax returns.
2. How many days you were out sick or told to quarantine with Covid-19
3. How long you might have cared for a loved one affected by Covid-19?
4. How long were schools or daycare centers closed (and you were forced to care for a minor child during the closings)
How long before I will receive my cash refund?
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.
How do I know if I am eligible beyond having 1099 income?
Did you have COVID? Did you test positive for COVID? Did you go get tested? Did you have Covid-like systems?
If you experienced Covid-like systems that caused you to be ineligible to go work, to make money, to provide for your family. If you couldn’t sell. Potentially to qualify for SETC If your children’s schools were closed, if your children’s daycare was closed, if you had family that had COVID 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 this enabled or limited you from making money during COVID, you are likely eligible!
Does the IRS provide information on the SETC?
Yes. Visit these two websites. IRS Website
What if I received PPP and ERC?
You can receive PPP, ERC, and SETC.
What if I received a W2 from my employer BUT also received a 1099 Income during COVID?
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.
Do I have to pay Taxes?
No, the SETC is Tax-Free
When does the SETC End?
April 15, 2024. Apply before it is too late!
Can I contact to someone about my situation?
Absolutely. You can contact us at support@gigworkersolutions.com or 804-377-4770.
This Is The Real Deal!
It's NoT A Scam!
The government has set aside money for small businesses but you have to request.
This money is only available for a limited time and there is not upfront cost to you. Once this program ends and if your money isn’t claimed, it will be reallocated back to Congress and used for something else.
It’s not every day you uncover an obscure tax credit that has both remained hidden and has such a profound impact on millions.
Please share this website to help every gig worker claim these free tax credits.
