Being self-employed with multiple clients, am I required to request documentation from each of my clients regarding eligibility for the credits? Hopefully not! Would documentation on closers from my children's school and daycare suffice?
68. How Should a Self-Employed Employer Substantiate Eligibility for Tax Credits for Qualified Leave Wage Equivalents? (added November 25, 2020)
Self-employed individuals should maintain documentation establishing their eligibility for the credits as a self-employed individual. That documentation should be similar to the documentation that employers claiming the credits for qualified leave wages under FFCRA sections 7001 and 7003 should maintain under “How Should an Employer Substantiate Eligibility for Tax Credits for Qualified Leave Wages?”.
