Self Employment Tax Calculator

Freelancer & Independent Contractor Tax Estimator

SE Tax: 15.3% | Income Tax: Progressive
Business Details
Net Self-Employment Income ($)
Net income = Total business income - deductible business expenses
Filing Status
Other Income ($)
W-2 wages, investment income, rental income, etc.
Deductions & Adjustments
Dependents
Retirement Contributions ($)
SEP IRA, Solo 401(k), or Traditional IRA contributions
Self-Employed Health Insurance ($)
Tax Year: | SE Tax Rate: 15.3% (12.4% Social Security + 2.9% Medicare)
Your Tax Breakdown
Self-Employment Tax Breakdown
Income Tax Breakdown
Total Tax Liability
$0
Effective Tax Rate: 0%
Tax Saving Opportunities
SE Tax: 15.3%
Social Security (12.4%) + Medicare (2.9%) on 92.35% of net income
Income Tax Deductions
50% of SE tax deductible + standard/itemized deductions
Quarterly Estimates
See estimated quarterly payments to avoid penalties

Frequently Asked Questions

What is self-employment tax?
Self-employment tax is Social Security and Medicare tax for self-employed individuals. The rate is 15.3% on 92.35% of your net self-employment income.
Can I deduct half of my SE tax?
Yes! You can deduct 50% of your self-employment tax when calculating your adjusted gross income (AGI).
Do I need to make estimated tax payments?
If you expect to owe $1,000 or more in taxes, you should make quarterly estimated payments to avoid penalties.
What expenses can I deduct?
Home office, equipment, software, education, health insurance premiums, retirement contributions, and business-related travel.
What's the Social Security wage base?
For , the Social Security wage base limit is $168,600. Income above this is not subject to Social Security tax.
Is this calculator free?
100% free! No registration, no hidden costs. Use it for all your tax planning needs.
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Self Employment Tax Calculator - Complete Tax Estimator for Freelancers

Our Self Employment Tax Calculator helps freelancers, independent contractors, gig workers, and small business owners estimate their total tax liability including self-employment tax (15.3%) and federal income tax.

How it works: Enter your net self-employment income, filing status, deductions, and other income. The calculator computes SE tax, income tax, and shows you quarterly estimated payment amounts to avoid penalties.

Key features: SE tax calculation (Social Security + Medicare), income tax brackets, standard/itemized deductions, dependent credits, retirement contributions, health insurance deduction, and tax saving tips.

Perfect for: Freelancers, independent contractors, gig workers (Uber, DoorDash), consultants, small business owners, and anyone with 1099 income.