🧾

Freelance 1099 Tax Withholding Calculator

Estimate self-employment tax, federal income tax, and quarterly estimated payments for freelancers and independent contractors.

Total freelance/1099 income after business expenses for the year.
Any additional W2 employment income (from a day job, for example).

Results

Self-Employment Tax (15.3%)$11,304
Est. Federal Income Tax$16,357
Total Tax Due$27,660
Quarterly Estimated Payment$6,915

📖What is it?

For informational/educational purposes only. Not legal advice. Consult a qualified attorney for your situation. As a 1099 freelancer, no employer withholds taxes for you. You must pay self-employment tax (Social Security + Medicare, 15.3%) plus estimated federal income tax quarterly to avoid IRS penalties.

🎯How to use

Enter your total annual freelance net income, any additional W2 income, and your filing status. The calculator estimates your self-employment tax, approximate federal income tax, total tax liability, and how much to pay each quarter.

💡Example scenario

Maria earns $80,000 net from freelancing and files as Single. SE taxable income = $73,880; SE tax = $11,304; after the half-SE deduction, federal tax � $15,117; total tax � $26,421; quarterly payment � $6,605.

🏆Pro tip

Pay quarterly estimates by the IRS deadlines (April 15, June 15, September 15, January 15) to avoid underpayment penalties. Track all deductible business expenses � every deduction reduces your SE income and cuts both SE and income taxes.