During the COVID-19 pandemic, the Self-Employed Tax Credit (SETC) provided vital financial relief to independent contractors, freelancers and gig workers who experienced income loss due to illness, caregiving or quarantine.
Anchor Accounting helped thousands of self-employed individuals successfully claim these refundable credits, some receiving up to $32,220 in IRS-approved refunds. This work cemented our reputation as a trusted partner for independent earners navigating complex credit opportunities with confidence.
This credit is available to most 1099 filers including:
Rideshare and delivery drivers
Sellers on platforms like Etsy, Uber, Fiverr, DoorDash and more
Freelancers, creators and consultants
Self-employed professionals and contractors
You may be eligible if you missed work due to COVID-related illness, school or childcare closures or caregiving between 2020 and 2021.
See If You Qualify for the SETCIdentify overlooked tax credits and income-based opportunities
Calculate refund amounts based on your income and work history
Prepare and file the necessary IRS forms, accurately and on time
Support prior-year tax amendments to unlock missed benefits
Provide secure, audit-ready documentation and filing support
Independent earners often miss out on credits like SETC, not because CPAs don’t care, but because these credits fall outside the scope of most standard filings. Filing platforms rarely surface them and the IRS documentation can be confusing.
At Anchor, we focus specifically on these overlooked programs, supporting gig workers and their CPAs with the tools and expertise needed to navigate them effectively. That focus has helped us support over $622 million in credit filings for self-employed clients.
Our work doesn’t stop after you submit your return. We provide audit protection, post-filing tracking and updates on new legislation that may impact future credits. As relief programs evolve, we’ll help you claim what’s next.