Self-Employment Tax Calculator
For freelancers, contractors and sole proprietors: estimate Social Security and Medicare self-employment tax, federal and state income tax, and how much to set aside each quarter.
Calculators
15
Paycheck, overtime, bonus and more
Coverage
50 states + DC
Labeled by data status
Tax Years
2025–2026
Labeled projections to 2030
Privacy Status
On your device
Figures are not sent anywhere
Your estimate
Enter your pay details, then calculate.
Simple inputs only. Advanced options are ignored.
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US Salary CalculatorHow to use it
- Enter gross business income and expenses.
- Add self-employed health insurance, retirement contributions and any W-2 wages.
- Calculate to see SE tax, income tax and a quarterly set-aside.
Self-employment tax in 2026
- Net earnings from self-employment = net profit × 92.35%.
- Social Security: 12.4% up to the $184,500 wage base, reduced by any W-2 wages you earned.
- Medicare: 2.9% on all net earnings, plus 0.9% Additional Medicare Tax above $200,000 ($250,000 joint).
- Half of SE tax is deductible above the line, and the qualified business income deduction may cut taxable income by up to 20% of profit.
Estimated tax is generally due in four installments (April, June, September and January). The calculator shows a simple quarterly set-aside; it does not compute safe-harbor amounts or penalties.
More paycheck calculators
- Take-home pay calculator
- Hourly to salary converter
- Overtime pay calculator
- Bonus tax calculator
- Self-employment tax calculator
- Two-income household, raise, final paycheck and pay frequency calculators
Limits and known limitations
- Uses the simplified QBI deduction (no specified service business or W-2 wage limits beyond the basic phase-out). Estimated-payment safe harbors and penalties are not calculated.
- Retirement contribution limits are not checked.
Frequently asked questions
How is self-employment tax calculated?
Net profit × 92.35% is your net earnings from self-employment. Social Security tax is 12.4% of that up to the wage base (less any W-2 wages), and Medicare is 2.9% of all of it, plus 0.9% above $200,000. Half of SE tax is deductible for income tax.