This calculator estimates a freelancer's tax bill, including self-employment tax (15.3% for Social Security and Medicare) plus federal income tax on net income. Updated June 2026.
Self-Employment Tax Estimator
How It Works
This calculator estimates your federal and self-employment tax based on your net income (income minus expenses). It uses 2026 U.S. tax brackets and a 15.3% self-employment tax rate.
FAQ
- Is this for USA only? Yes, this calculator uses U.S. tax rates and is intended for U.S.-based freelancers.
- Does it file taxes? No, this is an estimator. For official filing, use software like TurboTax or consult a CPA.
- What if I have W-2 income? This calculator is designed for self-employed/1099 income only.
Explore more: General Tax Estimator, OnlyFans Tax, 1099 Tax Guide