The NEW sick leave credit for self-employed individuals using Form 7202, showing you how to coordinate the sick leave credit for individuals if you also received sick-pay from a W2 and reporting it properly on Form 7202.

The tax credit for self-employed individuals on form 7202 includes calculations for both sick leave for yourself or if you cared for someone battling Covid.

This video is a preliminary walk-through of how to calculate the credit to use on your 2020 tax return. It does not constitute tax advice or replace the guidance you would receive by a qualified tax professional.





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