The Families First Coronavirus Response Act (FFCRA), enacted on March 18, 2020, is intended to help the US combat the coronavirus pandemic by extending the refundable credit for businesses to self-employed individuals.
These credits are equivalent to the amount of qualified sick leave wages or qualified family leave wages the self-employed individual would be entitled to receive under the Emergency Paid Sick Leave Act or the Emergency Family and Medial Leave Expansion Act, two separate provisions of the FFCRA, if the individual were an employee of an employer.
Follow the instructions below to correctly file this credit on Form 7202 in the software:
1. Add Form 7202
2. Enter the number of days in the period of April 1, 2020 to December 31, 2020 that the self-employed individual was unable to perform services due to certain coronavirus-related care, either for him/herself or someone else (except son or daughter, see note below for related info) on Part I, line 1 or 2.
NOTE: If the coronavirus-related leave is for a SON or DAUGHTER under age 18, enter the number of days in the period from April 1, 2020 to December 31, 2020 you were unable to perform services in PART II, line 25 (max 50 days)
This credit for Qualified sick leave and family leave will automatically be entered on Schedule 3, line 12b.