What is form 7202

Use Form 7202 to figure the amount to claim for qualified sick and family leave equivalent credits under the FFCRA and attach it to your tax return.

• If you are filing a joint return, show the name of the spouse with self-employment income on Form 7202.
• If both spouses are eligible self-employed individuals, each must file a separate Form 7202.

Eligible self-employed individuals are entitled to claim qualified sick and family leave equivalent credits.

To be an eligible self-employed person, both the following must be true.

1. You regularly carried on a trade or business within the meaning of section 1402.

2. You would have been: a. Eligible to receive qualified sick leave wages under the Emergency Paid Sick Leave Act if you had been an employee of an employer (other than yourself), and/or b. Eligible to receive qualified family leave wages under the Emergency Family and Medical Leave Expansion Act if you had been an employee of an employer (other than yourself).