ffcra
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Thanks to the Families First Coronavirus Response Act (FFCRA), self-employed individuals, freelancers, independent contractors, and gig workers are now eligible for significant tax credits.
These were created to pay you back for the time and income that you lost because of COVID.
The tax credit relates to 2020 and 2021, with the maximum amount a self-employed person can recover for lost income being **$32,220**.
The large majority of self-employed workers are actually unaware they’re even eligible!
You can qualify if you missed work due to any of the following:
Quarantine
These were created to pay you back for the time and income that you lost because of COVID.
The tax credit relates to 2020 and 2021, with the maximum amount a self-employed person can recover for lost income being **$32,220**.
The large majority of self-employed workers are actually unaware they’re even eligible!
You can qualify if you missed work due to any of the following:
Quarantine
- Federal, state, or local lockdown orders related to C0VlD-19
- Quarantining or isolation order related to C0VlD-19
- Caring for your child whose school had closed or gone virtual
- Caring for your child because your childcare provider was unavailable due to C0VlD-19
- Symptoms of C0VlD-19 or seeking a medical diagnosis
- Sickness due to vaccination side effects
- Caring for someone with COVID symptoms
- A C0VlD-19 vaccination appointment
- Side effects due to vaccination
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