I am considered self employed and receive a K-1 and was laid off in 2020 due to COVID-19. If I took the loan and used that money to offset income that was lost due to COVID-19 layoff, does it have to be claimed as income then? And if so, since I am my own employer (?) can I claim the Employer credit for providing qualified leave to myself? This seems convoluted but there is a big tax benefit if it is possible.
