Free 1099 Self-Employment Tax Calculator
Calculate your 2025 SE tax, federal income tax, and quarterly estimated payments.
Enter your total 1099 income before any deductions
Advertisement
Frequently Asked Questions
What is the 2025 self-employment tax rate?
The self-employment tax rate is 15.3%, consisting of 12.4% for Social Security (up to $176,100) and 2.9% for Medicare. An additional 0.9% Medicare tax applies to earnings over $200,000.
How is self-employment tax calculated?
SE tax is calculated on 92.35% of your net earnings. You can deduct 50% of your SE tax when calculating your adjusted gross income for federal income tax.
When are quarterly estimated taxes due?
For 2025, quarterly estimated tax payments are due: April 15, June 15, September 15, and January 15 of the following year.
What is the 2025 standard deduction?
The 2025 standard deduction for single filers is $15,000. This amount is subtracted from your adjusted gross income before calculating federal income tax.
This calculator provides estimates for informational purposes only. Consult a qualified tax professional for personalized advice.