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 Form it 634 Empire State Jobs Retention Program Credit Tax Year 2020

Ny 634 2020-2025 Form

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hey everyone today we need to talk about something super important tax credits and a big warning from the IRS that could save you a lot of trouble so let's Dive Right In recently there's been a lot of buzz on social media about something called the self-employment tax credit you might have seen posts or ads claiming that if you're self-employed or a gig worker you can get big payments from this tax credit sometimes up to $32,000 sounds amazing right well hold on a second because there's a catch the IRS has issued a warning about these claims they're saying that the so-called self-employment tax credit is misleading and in reality this credit doesn't exist what's actually being referred to is a much more limited and Technical credit called the credits for sick leave and family leave and here's the kicker most people simply don't qualify for this now you might be wondering how did this all start well during the covid

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