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What is the SETC Tax Credit? 149468
What is the SETC Tax Credit? 149468
Need to Know
What is the SETC Tax Credit?
The SETC, short for "Self-Employed Tax Credit," is a financial assistance program intended to help self-employed
workers who have been impacted by the COVID-19 pandemic. This reimbursable tax credit, not a loan, can offer
significant assistance to those who qualify.
How long does it take to get the SETC refund? The processing time can vary, but it typically takes around 9 weeks for
clients to receive their refund.
What if I already filed my 2020/2021 tax return? You can still claim the SETC tax credit by filing an amended return.
Don't Miss Out on the SETC Tax Credit in 2023 and 2024
Self-employed workers who have been affected by the COVID-19 pandemic should check their eligibility for the SETC
tax credit, as it can offer substantial financial relief. With deadlines approaching in 2024 and 2025, now is the time to
gather your documentation and explore your options for claiming this valuable credit.