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Tax & money

US Freelance Tax Calculator (Self-Employment Tax, 2026)

Work out federal self-employment tax on your freelance profit, plus a rough income-tax set-aside, and see what to put away each quarter.

Set aside per year
Per quarter
Share of your profit
Self-employment tax
Social Security part
Medicare part
Deductible half of SE tax
Estimated income tax

US only. Excludes the 0.9% Additional Medicare Tax above $200,000 for single filers, and state rules. Amounts are in US dollars, whatever currency you pick above.

How self-employment tax works

How much is self-employment tax in 2026?

Self-employment tax is 15.3% of 92.35% of your net profit from self-employment: 12.4% Social Security up to the $184,500 wage base, plus 2.9% Medicare with no cap. You owe no self-employment tax if your net earnings are under $400.

When are 2026 estimated tax payments due?

For the 2026 calendar year: April 15, June 15 and September 15, 2026, then January 15, 2027. A payment is on time if it is made by the next business day when the date falls on a weekend or holiday.

Is this tax advice?

No. It is an estimate for planning. It ignores the standard deduction, credits and state rules, so use it as a set-aside guide, not a return — an accountant can tell you what you really owe.