Frequently Asked Questions

In December 2020, Congress passed the Coronavirus Aid, Relief, and Economic Security (CARES) Act, which expanded the SETC to cover employers and the self-employed allowing qualified self-employed workers to recover up to $32,220.

The Self-Employed Tax Credit (SETC) refers to the sick leave and family leave tax credit provisions for self-employed individuals introduced under the FFCRA.

Typically,  subcontractors (1099), sole proprietorships, & single member LLC’s may qualify.

Review your federal tax returns for 2020 & 2021 to verify that you filed a Schedule C or Schedule SE.

If you did, proceed with the application to find out how much of the SETC you may qualify for.

If you don't have a Schedule C or Schedule SE, unfortunately, you would not qualify.

We've created a streamlined application to gather critical details to understand your specific circumstances.

During the application process, you'll upload copies of your Federal Tax Return for 2019, 2020 & 2021. We'll then complete a detailed analysis based on your Schedule C’s, Schedule SE’s and relevant data to determine how much of the SETC you may qualify for (up to $32,220).

Add an answer to this item.After submitting your application, our advisors will review the details you provided. Our detailed analysis usually takes 2 days to complete. However, the process can take up to 10 days, depending on the complexity of your tax returns.

If you qualify, you'll receive an email outlining your estimated tax credit refund and follow-up steps including required paperwork to continue.

The Treasury processing time varies and normally takes 3-5 months to complete before a refund is issued.

We operate on a contingency model. As a client, you pay nothing upfront, and Steward Hamilton Tax Advisory collects a percentage of what you receive once you receive your SETC refund.