Self-Employment Tax Calculator
Calculate your Social Security and Medicare taxes as a freelancer or gig worker. Plan quarterly payments and avoid IRS penalties.
Estimate Your Self-Employment Tax
Self-employment tax is 15.3% of net earnings (12.4% Social Security + 2.9% Medicare). Plan ahead to avoid IRS penalties.
Why Self-Employment Tax Matters
Self-employment tax covers Social Security and Medicare contributions. Unlike employees, self-employed individuals pay both portions. Planning ahead avoids penalties and surprises.
Use this tool to calculate quarterly payments, manage cash flow, and maintain financial security.
This calculator includes live state tax adjustments, deductible expenses, and quarterly breakdown. Voice input and receipt scanning options provide enhanced user experience.
Disclaimer: This calculator provides estimates only. For official tax filing, consult the IRS or a certified tax professional.