Your Details
Income
$
Total income before any deductions
$
Software, equipment, home office, travel, etc.
Filing Status
Additional Deductions
$
Retirement contributions, health insurance premiums, etc.
%
0% for TX, FL, WA, NV, WY, SD, AK, NH, TN
Estimated Total Tax
$0
per year
Self-employment tax (15.3%)
$0
Federal income tax
$0
State income tax
$0
Effective tax rate
0%
Take-home income
$0
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Quarterly Payments (2025)
Q1 Payment
Due Apr 15
$0
Q2 Payment
Due Jun 16
$0
Q3 Payment
Due Sep 15
$0
Q4 Payment
Due Jan 15, 2026
$0
⚠️ This is an estimate for planning purposes only. Tax laws change frequently. Consult a tax professional for accurate advice.
Self-employment tax
As a freelancer, you pay both the employee (7.65%) and employer (7.65%) portions of Social Security and Medicare — totaling 15.3% on net self-employment income.
The SE tax deduction
You can deduct half of your self-employment tax from your gross income before calculating federal income tax. This calculator applies that deduction automatically.
Quarterly payments
If you expect to owe $1,000 or more, the IRS requires quarterly estimated payments. Missing them can trigger penalties — even if you pay in full at tax time.