If you were self-employed in 2020 and/or 2021, you could 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” or a Partnership (1065) on your federal tax returns for 2020 and/or 2021, you're on the right track.

Qualifying COVID Impacts:
Whether subject to Federal, State, or local quarantine or isolation order(s) related to COVID-19, you battled COVID, experienced COVID-like symptoms, needed to quarantine, underwent testing, or cared for a caring for an individual who is subject to a Federal, State, or local quarantine or isolation order related to COVID-19, 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.

Qualifying Days:
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.  Qualifying days would include;

You took time off in 2020 or 2021 due to COVID-19 or to care for someone with COVID-19 during the same period. You took time off to care for a child under 18 years old due to school or daycare closures.

Claimable Days
The IRS considers specific timeframes for claiming the SETC:

If you had COVID-19 and took time off between April 1, 2020, and March 31, 2021, or between April 1, 2021, and September 30, 2021, you can claim up to 10 days in each period.

If you cared for someone under eighteen years old between April 1, 2020, and March 31, 2021, you can claim up to 50 days. From April 1, 2021, to September 30, 2021, you can claim up to 60 days.

Do I qualify for SETC tax credit if I already received unemployment benefits?
You can still qualify for the SETC tax credit even if you received unemployment benefits. However, you CANNOT claim the days you received unemployment benefits as days you were not able to work due to COVID-19 related issues.

Important Note:
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”  1040 or a Partnership 1065 on their federal tax returns for 2020 and/or 2021

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