Estimate what you owe the IRS before it catches you off guard.
Self-employed individuals pay both the employee AND employer portions of Social Security and Medicare — 15.3% on net earnings up to the Social Security wage base ($168,600 in 2024). You can deduct half of SE tax from your income. This calculator estimates your quarterly payment so you're never hit with a surprise bill in April.
Separate business and personal finances, track expenses, and never miss a deduction.