Credit for Self-Employed Individuals
- An individual tax credit against income tax is provided.
- The income tax credit for qualified sick leave (10 day rule) is the lesser of $511 per day or 100% of average daily pay for self-employed individuals for emergency paid sick leave for own quarantine or seeking own medical diagnosis or $200 per day or 67% of average daily pay for self-employed individuals for the care of others under the bill.
- The income tax credit for qualified family leave (12 week leave rules) for self-employed individuals in the amount of the lesser of $200 a day or 67% of average daily pay for self-employed individuals for up to 10 weeks (50 days).