💰 Freelance Tax Calculator 2026
Calculate self-employment tax, quarterly payments, and deductions
Tax Breakdown
Net Income (after expenses)
$0
Self-Employment Tax (15.3%)
$0
Federal Income Tax
$0
State Income Tax
$0
Quarterly Payment (each)
$0
Total Tax Owed
$0
💡 Common Deductions You Might Be Missing
- Home office (up to 300 sq ft at $5/sq ft = $1,500)
- Internet (50% if used for business)
- Software subscriptions (Adobe, Figma, GitHub, etc.)
- Professional development (courses, books, conferences)
- Health insurance premiums (100% deductible)
- Retirement contributions (SEP-IRA up to 25% of income)
- Business meals (50% deductible)
- Phone bill (percentage used for business)
⚠️ Important: This is an estimate. Tax laws change. Consult a CPA for your exact situation. Set aside 25-30% of every payment for taxes.