All CalculatorsGig Economy & Freelancers
1099 Freelance & Self-Employment Tax Estimator
Estimate your 15.3% Self-Employment (SE) Tax, federal income taxes, and quarterly IRS estimated tax payments for independent contractors, consultants, and gig workers.
Freelance Revenue & Deductions
$
Net: $70,000
$
Includes home office, software, travel, equipment, advertising, and supplies.
$
Total Estimated Tax22.9% Effective
$16,044
Net Take-Home: $53,956
Self-Employment Tax (15.3%)$9,891
• Social Security (12.4%)$8,016
• Medicare (2.9%)$1,875
Federal Income Tax$6,153
Quarterly IRS Payment$4,011 / quarter
IRS Quarterly Estimated Tax Due Dates
Q1 Payment
$4,011
Due: April 15
Q2 Payment
$4,011
Due: June 15
Q3 Payment
$4,011
Due: Sept 15
Q4 Payment
$4,011
Due: Jan 15 (Next Yr)
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