A new form from the IRS is now available for self-employed individuals to claim sick and family leave tax credits under the Families First Coronavirus Response Act.
Eligible self-employed individuals can use the new Form 7202 to claim the credits.
Taxpayers can claim the credits on their 2020 Form 1040 for leave taken between April 1 and Dec. 31, and on their 2021 Form 1040 for leave taken between Jan. 1 and March 31. Learn more.