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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 Tax20.5% Effective
$14,343
Net Take-Home: $55,657
Self-Employment Tax (15.3%)$9,891
โ€ข Social Security (12.4%)$8,016
โ€ข Medicare (2.9%)$1,875
Federal Income Tax$4,452
Quarterly IRS Payment$3,586 / quarter

IRS Quarterly Estimated Tax Due Dates

Q1 Payment
$3,586
Due: April 15
Q2 Payment
$3,586
Due: June 15
Q3 Payment
$3,586
Due: Sept 15
Q4 Payment
$3,586
Due: Jan 15 (Next Yr)

Estimate for federal taxes only, using 2026 brackets and standard deduction (IRS Rev. Proc. 2025-32) and the $184,500 Social Security wage base. Includes the 20% Qualified Business Income deduction below the income threshold. State and local taxes, credits, itemized deductions and the safe-harbor rules for estimated payments are not modelled. Consult a tax professional for your return.

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