US Tax Tools

1099 Tax Calculator

Calculate your total tax as a freelancer or independent contractor. See your self-employment tax, federal income tax, quarterly estimated payments, and what percentage to set aside from each payment.

1099 Freelancer Tax Calculator
On $100,000 in freelance income, your total tax burden is $22,567 (effective rate 25.1%). Set aside 22.6% of each payment, or $5,642 per quarter.
Need quarterly payment estimates?Quarterly Tax Calculator
How Much to Set Aside

Set Aside from Each Payment

22.6%

Quarterly Estimated Payment: $5,642

Tax Breakdown
ItemAmount
Gross 1099 Income$100,000
Business Expenses-$10,000
Net Profit$90,000
Self-Employment Tax (15.3%)$12,717
Social Security (12.4%)$10,306
Medicare (2.9%)$2,410
Federal Income Tax$9,850
Total Tax$22,567
Above-the-Line Deductions
Half of SE Tax-$6,358
Adjusted Gross Income$83,642

Your 25.1% effective rate is above the national median of 15.6% for incomes $100k–$150k.

Based on IRS Statistics of Income data. Individual results vary.

You save $392 vs 2024

Total Tax

$22,567

Quarterly Payment

$5,642

Effective Rate

25.1%

Set Aside

22.6%
Common Deductions for Freelancers

Home Office

Simplified method: $5/sq ft up to 300 sq ft ($1,500 max)

Vehicle/Mileage

2025: $0.70/mile for business use

Equipment & Software

Computers, tools, and software subscriptions

Internet & Phone

Business percentage of phone and internet bills

Professional Development

Courses, books, conferences related to your work

Business Insurance

Liability, E&O, or professional insurance premiums

This calculator estimates federal self-employment tax and income tax on 1099 income. State taxes are not included. Consult a tax professional for your specific situation.

Sources

Editorial standards

How this page is maintained

USTax Tools updates calculator assumptions and page copy against official source material. We publish for general educational use, not individualized tax advice.

Last reviewed

March 2026

Coverage

2024 and 2025 1099 income tax planning

Primary sources

IRS self-employment, Schedule C, and estimated tax guidance

Related insights

Use these guides for rule explanations, planning context, and follow-up questions beyond the calculator result.

Frequently Asked Questions

How much tax do I pay on 1099 income?

As a 1099 worker, you pay 15.3% self-employment tax (12.4% Social Security + 2.9% Medicare) on 92.35% of your net earnings, plus federal income tax on your adjusted gross income. Most freelancers should set aside 25-30% of their gross income for taxes.

What is self-employment tax?

Self-employment tax is the freelancer's equivalent of FICA taxes (Social Security and Medicare). When you're employed, your employer pays half of these taxes. As a 1099 worker, you pay both halves — 15.3% total. However, you can deduct half of your SE tax as an above-the-line deduction on your income tax return.

When are quarterly estimated tax payments due?

Quarterly payments are due April 15, June 15, September 15, and January 15 of the following year. You may owe a penalty if you don't pay at least 90% of your current year's tax or 100% of last year's tax through estimated payments and withholding.

What can freelancers deduct?

Common deductions include home office expenses, vehicle mileage for business travel, equipment and software, internet and phone bills, professional development, business insurance, marketing costs, and professional services (accounting, legal). You can also deduct self-employed health insurance premiums and retirement contributions (SEP IRA, Solo 401k).

Your 1099 tax also depends on where you live.

State taxes can significantly change your total liability. See how it varies.

Related Calculators