Freelancer tax rate calculator

As a self-employed freelancer, taxes are not being withheld from the checks you receive. That’s why it’s important to set aside money during the year to avoid a nasty surprise. Discover how much to set aside, below.

Your results

You don't need to make an estimated tax payment🍹

29%

Approx. part your of self-employment income you should set aside for taxes

Break it down for me

Self-employment tax
15.3%
Federal income tax
+ 8%
XX State income tax
+ 3%
Total
29%
Unless you’ve been paying quarterly taxes, you’ll owe around $XXXX at tax time.

Frequently Asked Questions

Boy, that's a lot. Can I reduce it?
How does the calculator work?
What are quarterly taxes?
What's the penalty for not paying quarterly taxes?
How do I make quarterly taxes payments?