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Self-Employment Tax Calculator 2026 (US 1099)

Estimate US self-employment tax (Social Security and Medicare) on freelance or 1099 profit.

Tool inputs stay in your browser · optional AI search sends your query

Good to know: Self-employed people pay both halves of FICA: 12.4% Social Security (up to $184,500 of earnings in 2026) plus 2.9% Medicare, worked out on 92.35% of net profit. Rates checked on 11 November 2026.

How to use it (step by step)

  1. 1Type your net profit: income minus business expenses.
  2. 2If you also have a regular job, type those wages. Otherwise leave 0.
  3. 3Choose your filing status.
  4. 4Read the tax, the half you can deduct, and a quarterly amount to set aside.

Words to know

Self-employment tax
Social Security and Medicare tax for people who work for themselves.
Net profit
Business income minus business expenses.
1099
The US form that reports money paid to a freelancer or contractor.
Estimated quarterly tax
Tax payments the self-employed send to the IRS four times a year.

Explore tools for Australia, the US & Europe →

Sources & methods

References checked November 11, 2026. Read each tool’s scope and assumptions before relying on its result.

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