For those who drove so many miles that it comes out as zero income for taxes, it also means zero profit and zero PPP funding. If you didn't file or you didn't make enough money to show a profit on Line 31 of your Schedule C ( edit: this has changed – see the update below), you won't receive anything. In other words it's based on your Schedule C. Understand that what you receive is based on your taxable income. The Paycheck Protection Program was designed to help existing businesses that were hurt by this pandemic. If you started your gig work after February 15, you won't be able to take advantage of this program. There are some common things that might disqualify you. Your profits for your business are considered your ‘payroll.' Don't be scared away by myths. Independent contractor for gig economy companies ARE eligible. The biggest myth? That you have to have people on payroll to qualify for the Paycheck Protection Program. But also understand the things that could disqualify you. Here are some step by step tips to help you with your application. ![]() If you know how to apply and you treat this like a business application, you have a much higher probability of getting funds through the Paycheck Protection Program (PPP) as an independent contractor. For the most part, most contractors just didn't do it right. Were they being discriminated against? Are independent contractors for gigs like Doordash, Uber Eats, Instacart, Grubhub, Lyft, Postmates and all those others really not supposed to receive funding? I've seen numbers reporting less than five percent of independent contractors were getting funds through the Paycheck Protection Program. Don't be one of the vast majority of gig workers who fail to get funded through the PPP because they didn't do things right.
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