1099 Tax Calculator
Your whole federal bill on freelance income: self-employment tax plus income tax, and the share of each payment to set aside.
Freelance or business income minus expenses. A rough estimate is fine.
A day job changes the bracket your 1099 profit is taxed in.
Enter your 1099 profit to see your total federal bill.
Why 1099 income is taxed differently
When you work for yourself, no employer withholds taxes or pays half of your Social Security and Medicare. Both jobs land on you: self-employment tax of about 15.3% covers the payroll side, and regular income tax applies on top at your bracket. You do get two breaks: half the self-employment tax is deductible, and business expenses reduce your taxable profit before anything is computed.
If you want just the payroll piece by itself, use the self-employment tax calculator. New to all of this? Start with the plain-English guide, quarterly taxes for the self-employed.
From this ballpark to your real quarterly payment
The IRS does not want this money in April; it wants it in four installments during the year, and it charges interest on installments that come up short. The full calculator turns this estimate into an exact payment using both IRS methods, your deductions, and what you have already paid.
Frequently asked questions
This is just one piece
Get your complete quarterly estimate: every income type, federal and state, penalties, and the method that pays the least, combined in one place.