Freelance Tax Estimator

Estimate self-employment taxes for 1099 gig workers.

Annual Freelance Income ($) Business Expenses ($) Federal Tax Rate (%)

What is Freelance Tax Estimator?

Freelancers and independent contractors face a unique tax reality — they must pay both the employee and employer portions of Social Security and Medicare, on top of regular income tax. This estimator helps you calculate your approximate total tax bill so you can save the right amount throughout the year.

How to Use This Tool

1. Enter your total gross freelance income for the year. 2. Input your total deductible business expenses. 3. Enter your estimated federal tax rate bracket. 4. Calculate your estimated tax liability.

💡 Pro Tip: Set aside 25–30% of every payment you receive into a separate tax savings account. Pay estimated taxes quarterly (April, June, September, January) to avoid IRS penalties. Use this calculator at the start of each year to set your savings rate!