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 Form it 249 Claim for Long Term Care Insurance Credit Tax 2020

It 249 2020-2025 Form

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Video instructions and help with filling out and completing Form IT 249 Claim For Long Term Care Insurance Credit Tax

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Instructions and help about Form IT 249 Claim For Long Term Care Insurance Credit Tax

the sick leave and family leave tax credits for self-employed these are two new tax credits that are specifically for your 2020 tax return and if you are self-employed and independent contractor sole proprietor or receive any 10.99 income then i hope you feel special because this video is for you what's up guys i'm k shull welcome to another financial awareness video okay so couple things you're going to want to know right off the bat i do my best to try and set the right expectations so a couple things you're going to want to know first the maximum amounts of 510 for the sick leave tax credit and the maximum amount of ten thousand dollars for the family leave tax credit are both based on your average daily revenue what is your average daily revenue well go look at your 2019 schedule c which you should have pretty handy because i'm sure you're applying for ppp round two either as a first draw applicant or as a second draw applicant so you

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