Enter your freelance income and the calculator instantly shows your federal tax, self-employment tax, state tax, and quarterly payment schedule — updated as you type.
Total revenue before any deductions
Software, equipment, contractor payments, etc.
This is an estimate only. Consult a CPA for tax advice. Calculations use 2025 IRS brackets.
Pay via IRS Direct Pay or EFTPS. Late payments incur an underpayment penalty.
2025 IRS brackets for single, MFJ, and head of household filers.
15.3% SE tax (Social Security + Medicare) on 92.35% of net income.
Estimated state tax for all 50 states. 9 states have no income tax.
Exact 2025 due dates and amounts to avoid IRS underpayment penalties.
These above-the-line deductions reduce your AGI before the standard deduction — meaning you can claim them even if you don't itemize.
The IRS lets you deduct 50% of your SE tax from gross income.
Contribute up to 25% of net SE income to a retirement account and deduct it all.
Premiums for health, dental, and vision for you and your family.
Simplified method: $5 per square foot of your dedicated workspace, up to 300 sq ft.
Software, hardware, professional services, travel, education — if it's for business.
Always compare against itemized. Most freelancers benefit from the standard deduction.
The free estimator is fully functional. Pro adds tracking and optimization.
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