This is a refundable tax credit against employer Social Security payroll taxes equal to 100% of:
Qualified sick leave wages and Qualified family leave wages. This will be a refundable tax credit on Form 1040 for the self-employed with "equivalent" sick and family leave needs. Employers will be able to reduce federal tax deposits by the anticipated credit amount to get immediate cash. This will be only for the year 2020. Guidance on this new credit will be forthcoming from the IRS.