Freelancer Tax Calculator
Self-employment tax, quarterly estimates & effective rate for 1099 contractors
Your Tax Inputs
Total income before any deductions
Deductible costs: home office, equipment, software, mileage
Spouse income, W-2 wages, interest (optional)
QBI Deduction Eligible
20% of qualified business income
2024 tax year ยท Federal only ยท Estimate only
Enter your revenue to calculate taxes
SE tax, quarterly estimates, and effective rate
What You'll Get
Self-Employment Tax
15.3% on 92.35% of net income โ the tax a W-2 job hides from you
Quarterly Payments
What to send the IRS each of the four due dates, so April doesnโt blindside you
QBI Deduction
Up to 20% of qualified business income, applied automatically
Deduction Impact
See exactly how business expenses lower your net taxable income
Instant
Results in milliseconds
100% Free
No signup, no credit check, unlimited calculations
๐ How It Works
Enter Revenue & Business Expenses
Gross income and deductible expenses for the year
See Your SE Tax & Federal Tax
Full breakdown: SE tax, SE deduction, QBI deduction, income tax
Get Your Quarterly Payment
Your estimated tax bill split into four IRS due dates
Disclaimer: Tax estimates are based on current IRS brackets and standard deductions. Actual tax liability may differ based on individual circumstances. Consult a tax professional for personalized guidance.