FAQ

  • WHO ARE YOU AND WHY?

    Regal Capital Solutions is a tax credit brokerage company which partners with tax processing companies to process tax credit filings. If you are a self-employed business owner, a 1099 subcontractor, or a family-centered small business, the SETC was created by the government as a way of saying thank you and helping you through COVID-19 issues.

    You will qualify for a certain amount if you have a Schedule C income on your taxes.

  • HOW DO I KNOW IF I QUALIFY?

    If you were self-employed in 2020 and 2021, you could qualify for the SETC. This includes sole proprietors who run businesses with employees, 1099 subcontractors, and single-member LLCs.

    You’re on the right track if you filed a “Schedule C” or a Partnership (1065) on your federal tax returns for 2020 and 2021.

    COVID Impacts:

    Whether you battled COVID, experienced COVID-like symptoms, needed to quarantine, underwent testing, or cared for a family member affected by the virus, the SETC could be your financial relief. If the closure of your child’s school or daycare due to COVID restrictions forced you to stay home and impacted your work, we’re here to help.

  • IS THIS FOR REAL? HOW DO I KNOW IT'S NOT A SCAM?

    Check it out for yourself! The government sets aside money for many things. This is just one of many programs where money is available for you to request.

    The government does not advertise it because it’s not what they do, nor do they want you to claim it because once this program ends and if your money isn’t claimed, it will be reallocated back to Congress and used for something else.

    Yes, that’s NOT a good thing!

    This is only available for a limited time, and qualifying does NOT cost any money upfront. There are all sorts of programs the government puts forth for small businesses. This is your money to qualify for through this site.

    IF you are still skeptical… do your research. Here’s a link to the program on the IRS site.

    It’s classified under the Paid Sick and Family Leave Credit Program.

    IRS.GOV WEBSITE

    INTUIT – QUICKBOOKS WEBSITE

  • WHO WON'T QUALIFY?

    Sub S or True S Corps and C Corps are not eligible for the SETC. This unique tax credit is exclusively available to business owners who filed a “Schedule C” or a Partnership (1065) on their federal tax returns for 2020 and 2021. When you’re ready to apply, you’ll need a few tax documents, the dates) that qualify you, and two completed documents from Gig Workers.

  • WHERE DO I FIND MY IRS FORM 1040'S?

    If you filed with online software, ie. TurboTax, H&R Block, etc. you can find your documents in the documents section of the website you filed.

    TURBOTAX Pull Past Tax Returns

    H&R Block Pull Past Returns

    If you used a CPA/Accountant to file your returns, you can email or call your accountant and request past returns.