topic Been hearing about a Self-Employed Tax Credit. I see many accting firms saying they will file the paperwork for a fee & 20% of the credit. Can I file this myself? in Get your taxes done using TurboTax

Been hearing about a Self-Employed Tax Credit. I see many accting firms saying they will file the paperwork for a fee & 20% of the credit. Can I file this myself?

kerstoval-gmail- — Tue, 24 Feb 2026 08:13:35 GMT

Re: Been hearing about a Self-Employed Tax Credit. I see many accting firms saying they will file the paperwork for a fee & 20% of the credit. Can I file this myself?

VolvoGirl — Sat, 30 Dec 2023 17:46:09 GMT

I don't know about any self employed credits. Do you pay employees? Maybe this one?

https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-erc-credit/01/3121004#M299630

Re: Been hearing about a Self-Employed Tax Credit. I see many accting firms saying they will file the paperwork for a fee & 20% of the credit. Can I file this myself?

VolvoGirl — Sat, 30 Dec 2023 18:00:42 GMT

Here's 2 links I found. Yes you can amend your prior returns if you qualify.

Turbo Tax - Self-Employed Tax Credits and Social Security Tax Deferrals Available During COVID-19
https://turbotax.intuit.com/tax-tips/self-employment-taxes/stimulus-self-employed-tax-credits-and-social-security-tax-deferrals-covid/L0TzKT8JT

IRS Credit for paid leave and Covid
https://www.irs.gov/newsroom/tax-credits-for-paid-leave-under-the-american-rescue-plan-act-of-2021-specific-provisions-related-to-self-employed-individuals

How to amend a prior year

https://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-return/amend-change-correct-return-already-filed/L4VjJ9BA2_US_en_US?uid=lcfcy77a

Re: Been hearing about a Self-Employed Tax Credit. I see many accting firms saying they will file the paperwork for a fee & 20% of the credit. Can I file this myself?

xmasbaby0 — Sat, 30 Dec 2023 18:01:22 GMT

And....if you are referring to the Employee Retention Credit.....that was a credit on 2020 or 2021 tax returns---not available for 2022 or 2023. If you could have used that credit for 2020 or 2021, then you need to amend your 2020 and/or 2021 tax returns.

Re: Been hearing about a Self-Employed Tax Credit. I see many accting firms saying they will file the paperwork for a fee & 20% of the credit. Can I file this myself?

kerstoval-gmail- — Sat, 30 Dec 2023 18:02:30 GMT

Thank you so much for providing links. I will check them out.