Freelance Income
Freelance Tax Estimator
Estimate your quarterly federal, state, and self-employment tax payments as a freelancer.
Quarterly tax payment
$0
Set aside this much every 3 months
Total annual tax
$0
Effective tax rate
0%
Tax breakdown
๐ก Tax insight
Freelance Tax Estimator
The Freelance Tax Estimator gives you an honest quarterly tax payment to set aside so April never surprises you. You enter your annual gross revenue, deductible business expenses, federal marginal rate, state rate, and any retirement contributions. The calculator returns the quarterly payment, the total annual tax bill, and your effective rate against gross revenue. Use it the day you close out each quarter to send the IRS the right number. The structural difference from a W-2 paycheck is that no one withholds for you, so freelancers who do not transfer tax money into a separate account each month routinely arrive at April with a five-figure surprise that has already been spent.