Internal Revenue Service United States Department of the Treasury
Level Basic Advanced Military International

Important Changes This Year

Families First Coronavirus Response Act

Families First Coronavirus Response Act

The Families First Coronavirus Response Act creates two new credits:

  • Credit for sick leave for certain self-employed individuals. Eligible self-employed individuals are allowed a credit for an amount equal to the qualified sick leave equivalent amount.
  • Credit for family leave for certain self-employed individuals. Eligible self-employed individuals are allowed a credit for an amount equal to 100% of the qualified family leave equivalent amount.

    See Publication 4491, Payments and Miscellaneous Refundable Credits lesson and Volunteer Resource Guide, Tab H, Other Taxes, Payments, and Refundable Credits, for details. This is in scope for volunteers with Advanced certification.