Let’s find a tax preparation office for you

or

Information regarding browser or device support

Oh no! We may not fully support the browser or device software you are using!

To experience our site in the best way possible, please update your browser or device software, or move over to another browser.

Close

Self Employment Tax Calculator

Small business owners, contractors, freelancers, gig workers and others whose net profit is greater than $400 are required to pay self-employment tax. Self-employed workers are taxed at 15.3% of the net profit. This percentage is a combination of Social Security and Medicare tax.

Use this Self-Employment Tax Calculator to estimate your tax bill or refund. This tool uses the latest information provided by the IRS including annual changes and those due to tax reform. Gather your 2019 tax documents including 1099s, business receipts, bank records, invoice payments, and related documents to fill in the drop down sections. Explanations for each question are provided below in the chart. If you have questions about your self-employment taxes a Tax Pro can help.


Use this calculator to estimate your self-employment taxes. Normally these taxes are withheld by your employer. However, if you are self-employed, operate a farm or are a church employee you may owe self-employment taxes. Please note that the self-employment tax is 12.4% for the FICA portion and 2.9% for Medicare.

Information and interactive calculators are made available to you as self-help tools for your independent use and are not intended to provide investment advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.

How to calculate your tax refund

For the tax calculators below, be sure to have your 1099 or W-2 form handy and be ready to answer a few basic questions about your filing status, income, deductions, and credits.

All our tax tools

How do I File Taxes if I’m Self-Employed?

Are you self-employed?  Here's how to determine if you are self-employed, what you can deduct from your self-employment income, and how self-employment affects your tax return. 

View more

Home Business and Office Tax Deductions

See if you qualify for any tax breaks for operating a business from your home.

View more

How a Second Job or Side Gig Affects Your Taxes

Call it what you will: side job, side hustle, freelance gig – they can all affect your taxes and tax status. Find out how.

View more