The Self Employed Tax Credit is a specialized tax credit designed to provide support to self-employed individuals during the COVID-19 pandemic. Like the Employee Retention Credit(ERC) which was designed for corporations with employees, the SETC was designed for individuals to receive a refundable tax credit. This is not a loan and does not have to be paid back.
Self-Employed Status
If you were self-employed in 2020 and/or 2021 and were affected by Covid in any way you could be eligible for this tax refund. This includes:
*Sole proprietors who run businesses with employees
*1099 subcontractors, and single-member LLCs.
*If you filed a “Schedule C” or a Partnership (1065) on your federal tax returns for 2020 and/or 2021
THREE MAIN STEPS:
1) Complete questionnaire
2) Upload your documents
3) Receive your money
Once you sign in you can get your questions answered by CPA's in the home office.
To get a free quote and enroll go to: https://unitedsetc.com/ubs/jb2025
Your refund depends on your earnings in 2020 and 2021. The deadline is April 15 to get your full refund up to $32,220 so reply quickly.