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Taxes/Freelancer Tax Calculator

Freelancer Tax Calculator

Calculate SE tax, federal income tax, state tax, and quarterly estimated payments for 2026.

2026 RATESSE taxQBI deductionQuarterly 1040-ES12 states
$
$
$57,410annual take-home pay
Effective: 26.6%
Quarterly: $5,648
Monthly: $4,784
Gross Income$85,000
Business Expenses−$5,000
Net Profit (Schedule C)$80,000
SE Tax (15.3%)−$11,304
½ SE Tax Deduction+$5,652
QBI Deduction (20%)+$11,650
Standard Deduction+$16,100
Taxable Income$46,599
Federal Income Tax−$5,344
State Tax (CA)−$5,943
Total Tax Burden−$22,590
Quarterly Estimated Payments (Form 1040-ES)
Q1 (Apr 15)
$5,648
Q2 (Jun 15)
$5,648
Q3 (Sep 15)
$5,648
Q4 (Jan 15)
$5,648
Data Source & Legal Disclaimer
Effective: 2026 tax year (IRS Rev. Proc. 2025-32)Last updated: 3 days agoUpdate: Annual
Sources: IRS Revenue Procedure 2025-32 (2026 inflation adjustments) · IRS.gov — Tax Brackets & Rates · SSA — 2026 Contribution and Benefit Base ($184,500) · IRS Publication 334 — Tax Guide for Small Business (Self-Employed) · IRS Form 1040-ES — Estimated Tax for Individuals · IRS Publication 590-B — Distributions from Retirement Accounts (RMD) · State tax rates: respective state Department of Revenue websites

Tax brackets, standard deductions, and SS wage base are based on IRS inflation-adjusted figures for the 2026 tax year (Rev. Proc. 2025-32) and the SSA 2026 wage base ($184,500). State income tax rates are simplified (flat/representative rates). This calculator is for estimation only — consult a tax professional for filing.

See all data sources & update policy →

How freelancer taxes stack up — illustrated

Freelancers are treated as both the employee and the employer. You first subtract business expenses on Schedule C to get your net profit, then pay 15.3% self-employment tax on 92.35% of it (12.4% Social Security up to the $184,500 base, plus 2.9% Medicare). Before income tax you may subtract half of the SE tax, the 20% QBI deduction, and the standard deduction ($16,100 single in 2026). The remaining taxable income is taxed at federal brackets plus your state rate, and because no employer withholds, you pay the total in four estimated installments on Form 1040-ES.

Where each dollar of gross income goes
$85,000 gross freelance income — where it goes$0$85,000Business expenses$5,000SE tax (15.3%)$11,304Federal income tax$5,344State tax (CA)$5,943Take-home pay$57,409Deductions before income tax½ SE tax $5,652 · QBI ≈ $11,650standard deduction $16,100Quarterly ≈ total ÷ 4No employer withholds — the four 1040-ES payments(Apr 15 · Jun 15 · Sep 15 · Jan 15) carry the whole year's tax

The stacked bar shows the tool's sample: $85,000 gross with $5,000 of expenses and California as the state. After expenses, SE tax, federal, and state tax, $57,409 reaches take-home — a 32.5% effective rate on the gross.

Worked example

Jonah, a freelance video editor in Brooklyn, earns $72,000 and has $9,000 of business expenses on Schedule C, filing single in New York.

  1. Net profit:$72,000 − $9,000 = $63,000 on Schedule C
  2. SE tax base:$63,000 × 92.35% = $58,181
  3. SE tax (15.3%):$58,181 × 15.3% = $8,902
  4. Deductions & quarterly:½ SE ($4,451) + QBI 20% + $16,100 standard deduction → taxable income; total ÷ 4 funds each 1040-ES payment
↩ Back to calculator

Freelancers pay 15.3% SE tax plus federal and state income tax. Enter your income and state to see your total tax bill, quarterly estimates, and QBI deduction.

FreeToolHub Freelancer Tax Calculator is a free browser-based tool that estimates total tax for self-employed individuals, no signup, no upload.

About this tool

What is this tool?

Calculate freelance self-employment tax, deductions, and quarterly estimates. All 50 states, 2026 rates. Free, instant, no signup.

SE taxQBI deductionQuarterly 1040-ES12 states

What Is the Freelancer Tax Calculator?

The Freelancer Tax Calculator is a free, browser-based tool that estimates your total tax burden as a self-employed individual in the United States. It calculates federal income tax, self-employment tax (15.3%), the Qualified Business Income (QBI) deduction of up to 20%, and state income tax for all 50 states — all using 2026 tax brackets. No signup, no data upload: every calculation happens in your browser.

Who Should Use This Tool?

This calculator is built for freelancers, independent contractors, gig workers (Uber, DoorDash, Upwork), sole proprietors, and anyone who receives 1099-NEC or 1099-K income. If you earn more than $400 in net self-employment income, you must file Schedule SE and pay self-employment tax.

How Does This Tool Work?

The calculator applies the 2026 tax logic in this order: (1) Your net business income (revenue minus deductible expenses) is subject to self-employment tax at 15.3% — 12.4% for Social Security (capped at $184,500) and 2.9% for Medicare (no cap). (2) You deduct half of SE tax from your adjusted gross income. (3) The QBI deduction reduces taxable income by up to 20% of qualified business income. (4) Federal income tax is calculated using 2026 brackets (10% to 37%). (5) State income tax is added based on your state of residence.

How Is the Tax Calculated?

A freelancer in California earning $80,000 net profit: • Self-employment tax: $80,000 × 92.35% × 15.3% = $11,297 • Deduction for half SE tax: $5,648 • QBI deduction (20% of QBI): ~$12,870 • Federal income tax (after deductions): ~$6,200 • California state tax: ~$3,800 • Total tax: ~$21,297 (effective rate ~26.6%) • Quarterly payment: ~$5,324 per quarter

Frequently Asked Questions

How much tax does a freelancer pay in the US?

A freelancer earning $80,000 net profit typically pays about 25-30% in total taxes: 15.3% self-employment tax plus federal income tax (10-37% based on brackets) plus state income tax (0-13.3% depending on state). The QBI deduction can reduce taxable income by up to 20%.

Do I need to pay quarterly taxes as a freelancer?

Yes. If you expect to owe more than $1,000 in tax for the year, the IRS requires quarterly estimated payments using Form 1040-ES. Deadlines: April 15, June 15, September 15, and January 15. Missing payments triggers underpayment penalties (approximately 8% annualized in 2026).

What is the self-employment tax rate in 2026?

The self-employment tax rate is 15.3%: 12.4% for Social Security (on net earnings up to $184,500 in 2026) and 2.9% for Medicare (on all net earnings, plus an additional 0.9% for high earners above $200,000 single / $250,000 married filing jointly).

What is the QBI deduction and how much can I save?

The Qualified Business Income deduction (Section 199A) allows freelancers and sole proprietors to deduct up to 20% of qualified business income from taxable income. For $80,000 net profit, the QBI deduction is up to $16,000, reducing taxable income to $64,000. This is an above-the-line deduction — no itemizing required.

Can I deduct business expenses as a freelancer?

Yes. Common deductions include home office ($5/sq ft up to 300 sq ft or actual expenses), software subscriptions, equipment, mileage (67¢/mile in 2026), health insurance premiums (100% deductible above-the-line), and retirement contributions (SEP-IRA up to $69,000 or Solo 401(k) up to $69,000 in 2026).

What happens if I do not pay quarterly taxes?

The IRS charges an underpayment penalty (approximately 8% annualized in 2026) on the amount you should have paid each quarter. You may also face interest charges. To avoid penalties, pay at least 90% of current year tax or 100% of prior year tax (110% if AGI > $150,000) through quarterly payments.

Does this calculator work for all 50 states?

Yes. The calculator includes 2026 state income tax rates for all 50 states, including states with no income tax (Texas, Florida, Nevada, Washington, etc.) and high-tax states (California, New York, New Jersey). It also handles state-specific deductions and standard deductions.

Other names for this tool

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