Calculator

Self-Employment Tax Calculator

Estimate Schedule SE tax on 1099 / freelance net earnings, including the deductible half that reduces your income tax.

Your net SE earnings

Net = gross 1099 income minus deductible business expenses (Schedule C net profit).

FAQ

About this calculator

What is SE tax?
It's the self-employed equivalent of FICA — 12.4% Social Security on the first $168,600 of net SE earnings (2024) + 2.9% Medicare on all of it. Applied to 92.35% of net earnings.
What's the "deductible half"?
You can deduct half of your SE tax against your gross income (it's an above-the-line adjustment). This doesn't reduce SE tax itself — only income tax.
Does this include income tax?
No. SE tax is in addition to federal and state income tax. Use the Income Tax Calculator for that.
Educational only.