The TPG Partner accounting team will need to file an amendment on your tax return. All that is required from you is a copy of your 2019, 2020 and 2021 tax returns and a copy of your driver's license, and they’ll handle the rest.

The Sick and family Leave tax credit for self-employed and 1099 workers is for eligible self-employed individuals or independent contractors.

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.

To claim the tax credit, eligible self-employed individuals or independent contractors would report the qualified sick and family leave equivalent amounts on their 2019, 2020 or 2021 tax return, depending on when the leave was taken.

For the most part, all that is required is your 2019, 2020 and 2021 tax return including your schedule C and a copy of your driver's license for identification.

Our TPG partner firm provides a qualification review by professional CPA's. Their role is to calculate the maximum amount of your refund under the SETC program for a 20% flat fee. This fee is contingent on clients' approval of their estimated credit.

Not at all. There is an engagement agreement on TPG Partner website that you’ll need to 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 have made this process as easy and stress-free as we can for you. Once the TPG Partner has your tax returns, they will take over and get everything filed for you.

Yes. This tax credit is for self-employed individuals, small business owners, freelancers, and 1099 contractors only.

There are a few factors that go into calculating your tax credit refund amount. The biggest 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 any schools or daycare centers were closed (and you were forced to care for a minor child during the closings).

Once you have submitted all of the necessary paperwork, the TPG Partner will begin to work on your case immediately to calculate the SETC amount and get all of the forms filed for you. At this point, it is up to the IRS will send your refund directly to you. This part of the process will take approximately 16–24 weeks to complete and receive your cash refund. This is completely dependent on the IRS processing timeline which can change. However, if you don't want to wait for the funds, another option is to request an advance on your funds issued to you in as little as 10 business days (subject to approval).