hi guys. has anyone seen this? (see quote and link below). i wonder if they heard people's outcry about it the 1st time. some of us that are self employed work part time jobs to supplement. and my state, would not consider my self employment income at all. they flat out told me that they would only consider my W2 (my part time gig). they said "reportable income takes precedence". although this doesn't even put a dent on my losses, it is nice if it is true. it means that they are trying to resolve existing issues instead of blindly ignoring those of us in this grey area.
but for some reason, this is the only article i'm finding that is addressing it. like last time, i have a feeling things are going to get lost in interpretation and are going to be just tossed away and will never be implemented or states are going to decide to do whatever they want instead. like the SBA decided to do $1000 instead of the 10K that was in the bill.
Link:
https://www.jdsupra.com/legalnews/ca...loyment-43031/
Quote from article "CARES Act II contains a new provision: unemployed or underemployed independent contractors who have an income mix from self-employment and wages paid by an employer are still eligible for PUA. Under CARES Act I, any such worker was typically eligible only for a state-issued benefit based on their wages. Under CARES Act II, though, the individual now is eligible for an additional weekly benefit of $100 if he/she earned at least $5,000 a year in self-employment income. The $100 weekly payment, which would be added to the $300 weekly benefit, also will expire on March 14."
thoughts?
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