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The Self-Employed Federal Income Tax Calculator
This calculator estimates your self-employment tax based on your gross income, business expenses, and platform fees. It's designed for freelancers, Etsy sellers, and creators who report income independently. The tax estimate uses a simplified flat rate of 15.3%, which includes:
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12.4% for Social Security
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2.9% for Medicare
These rates apply to your net income — that’s your total income minus expenses and fees. This tool gives you a quick snapshot of what you might owe, but for detailed tax planning or state-specific guidance, we recommend consulting a tax professional.
Estimated Taxes
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