Self-employed individuals may be eligible for a refund of up to $32,220 from the IRS through the Self-Employed Tax Credit (SETC). This credit aims to assist freelancers, gig workers, independent contractors, and small business owners who had to take time off due to COVID-19-related issues. The SETC provides relief for those who lost workdays because of illness or family care during the pandemic.
The SETC is an IRS-approved program designed to help self-employed workers recover income lost from sick leave and family leave taken in 2020 and 2021. To qualify, individuals must have been self-employed during these years, missed work due to COVID-19, and reported self-employment income on their tax returns.
SETC Pros, a partner of Solo’s, offers assistance in applying for this credit. “Working with SETC Pros was a great experience,” said a filer from California. Another filer from Illinois stated that “the process was straightforward” and praised the team’s professionalism. A Louisiana filer also commended their customer service.
More than 1,400 solopreneurs have already received over $450,000 in refunds through SETC Pros. The company offers an Express Funding option for refunds exceeding $3,000, allowing recipients to receive their funds within 5 to 7 days.
The deadline for claiming the SETC refund is April 15, 2025. Interested parties are encouraged to check their eligibility through SETC Pros’ platform without any upfront costs. The application process is designed to be quick and straightforward.
The Self-Employed Tax Credit presents a significant opportunity for those affected by the pandemic. With guidance from SETC Pros, eligible individuals can navigate the claim process efficiently before the deadline expires.
For further inquiries or assistance with applications, contact support@setcpros.com.
