Calculate self-employment tax for freelancers and business owners
💼 Self-Employment Tax Calculator
Calculate Social Security and Medicare taxes for freelancers and business owners
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📊 Self-Employment Tax Results
💰 Tax Breakdown
📅 Quarterly Payment Schedule
Disclaimer: This calculator estimates self-employment tax based on 2024 rates (15.3% total rate: 12.4% Social Security + 2.9% Medicare). The Social Security portion is only due on the first $168,600 of net earnings in 2024. Additional Medicare tax (0.9%) may apply to earnings over $200,000 (single) or $250,000 (joint). This is not tax advice. Consult a qualified tax professional for personalized guidance.
Disclaimer: This calculator provides estimates based on current tax laws and rates. Tax laws can change, and this tool should not be considered as professional tax advice. Please consult with a qualified tax professional for your specific situation.