Estimate Your Taxes
Based on 2025 federal rates. Results update instantly.
Total revenue before any deductions.
Your federal tax filing status.
Software, equipment, home office, insurance, etc.
Total estimated tax payments made this year so far.
Your Tax Estimate
Total Tax Liability
$0
SE tax + federal income tax
Effective Tax Rate
0%
Total tax ÷ gross income
Take-Home Pay
$0
After taxes and expenses
Self-Employment Tax
$0
15.3% (SS + Medicare)
Federal Income Tax
$0
Based on your bracket
Quarterly Payment
$0
Pay this each quarter
How we calculated this
Track your income with professional invoices
Know exactly what you've earned — organized records make tax time painless.
2025 Federal Tax Brackets (Single Filer)
These are marginal rates — you only pay each rate on income within that bracket.
| Tax Rate | Single | Married Filing Jointly | Head of Household |
|---|---|---|---|
| 10% | $0 – $11,925 | $0 – $23,850 | $0 – $17,000 |
| 12% | $11,926 – $48,475 | $23,851 – $96,950 | $17,001 – $64,850 |
| 22% | $48,476 – $103,350 | $96,951 – $206,700 | $64,851 – $103,350 |
| 24% | $103,351 – $197,300 | $206,701 – $394,600 | $103,351 – $197,300 |
| 32% | $197,301 – $250,525 | $394,601 – $501,050 | $197,301 – $250,500 |
| 35% | $250,526 – $626,350 | $501,051 – $751,600 | $250,501 – $626,350 |
| 37% | $626,351+ | $751,601+ | $626,351+ |
Self-Employment Tax Breakdown
| Component | Rate | Income Limit (2025) |
|---|---|---|
| Social Security | 12.4% | First $168,600 |
| Medicare | 2.9% | No limit |
| Additional Medicare | 0.9% | Over $200,000 (single) |
| Total SE Tax | 15.3% | On 92.35% of net earnings |
Trusted by freelancers
Frequently Asked Questions
How much tax do freelancers pay?
Freelancers typically pay 25-35% of their net income in taxes. This includes 15.3% self-employment tax (Social Security + Medicare) plus federal income tax based on your bracket. State taxes add more depending on where you live.
What is self-employment tax?
Self-employment tax is 15.3% of your net earnings — 12.4% for Social Security (on the first $168,600 in 2025) and 2.9% for Medicare. As a freelancer, you pay both the employer and employee portions. You can deduct half of this on your income tax return.
Do I need to make quarterly tax payments?
Yes, if you expect to owe $1,000 or more in taxes for the year. Quarterly estimated payments are due April 15, June 15, September 15, and January 15. Missing these deadlines can result in penalties.
What can I deduct as a freelancer?
Common deductions include: home office expenses, internet and phone, software subscriptions, equipment, health insurance premiums, professional development, marketing costs, and the employer-equivalent portion of self-employment tax (7.65%).
How do I file taxes as a freelancer?
Report your freelance income on Schedule C (Profit or Loss from Business) with your Form 1040. You'll also file Schedule SE for self-employment tax. If you earned over $600 from a client, they should send you a 1099-NEC.
Is this calculator a substitute for a tax professional?
No. This calculator provides rough estimates based on 2025 federal rates. It doesn't account for state taxes, all deductions, credits, or your specific tax situation. Consult a CPA or tax professional for personalized advice.
Related Tools & Guides
Keep Perfect Records for Tax Time
Create professional invoices and track every dollar of freelance income.
Start Free — Create InvoicesNo credit card required