Gross 1099 income minus entered business expenses.
US federal estimate | 2025 and 2026
1099 tax calculator
Estimate what your freelance or contractor income may owe after business expenses, W-2 income, federal withholding, self-employment tax, and an optional state tax planning rate.
- Tax figures2025 filing + 2026 planning
- Source checkIRS and SSA, July 10, 2026
- PrivacyRuns in your browser
Your estimate
Use annual amounts in US dollars.
Quarterly cash set-aside2026 planning estimate
$0
No W-2 withholding offset is included. Total estimated 1099 tax is $0.
1099 take-home$0After expenses and estimated tax
Effective reserve rate0%Tax as a share of gross 1099 income
Self-employment tax$0Social Security + Medicare
Federal income tax added$0Incremental estimate from 1099 profit
Where gross 1099 income goes$0 net profit
Take-homeTaxExpenses
| Net business profit | $0 |
|---|---|
| Social Security tax | $0 |
| Medicare tax | $0 |
| Additional Medicare tax | $0 |
| Federal income tax added by 1099 | $0 |
| State/local planning estimate | $0 |
| QBI deduction included | $0 |
Estimated payments may be required
Federal planning only. Credits and special situations are not included.
Projected federal balance$0
Annual safe-harbor gap$0
Income is above the simplified QBI threshold. W-2 wage, qualified property, SSTB, and phase-in rules are not modeled; review Form 8995-A or a tax professional.
The state estimate applies your chosen rate to an approximate state taxable base. It does not model state brackets, deductions, credits, or local rules.
Inside the estimate
The tax pieces are shown separately.
This tool estimates the additional federal tax created by 1099 profit instead of applying one flat percentage. It first subtracts business expenses, calculates self-employment tax, then applies the selected year's federal brackets and standard deduction.
12.4% Social Security and 2.9% Medicare on applicable net earnings.
Progressive federal brackets using your filing status and tax year.
W-2 withholding, prior tax, and optional state rate shape the set-aside.
Focused tools
Use the calculator for the decision in front of you.
The same current federal tax engine powers the quarterly and self-employment tools. The W-2 comparison adds employee payroll tax, benefits, billable weeks, and a break-even contractor rate.
Quarterly tax calculatorEstimate four payments, withholding offsets, and the federal safe-harbor gap.
1099 vs W-2 calculatorCompare annual take-home and find the contractor rate that matches an employee offer.
Self-employment tax calculatorSee Social Security, Medicare, federal income tax, and take-home pay.
Freelance rate calculatorWork backward from an income goal, expenses, unpaid time, and margin.
Calculation methodologyReview tax-year figures, formulas, official sources, exclusions, and limitations.
Primary sources
Current figures, visible sources.
Last checked July 10, 2026. The calculator uses official federal figures, not a generic 25% or 30% tax shortcut. State tax remains an editable planning rate because each state applies its own brackets, deductions, credits, and local rules.
- 2026 federal bracketsIRS Revenue Procedure 2025-32 as modified - tax brackets and standard deductions.
- Self-employment taxIRS self-employment tax guidance - 15.3% combined rate and estimated tax context.
- Social Security capSocial Security Administration wage base - $176,100 for 2025 and $184,500 for 2026.
- Estimated paymentsIRS Publication 505 (2026) - 90%, 100%, and 110% safe-harbor framework.
Questions
1099 tax calculator FAQ
These answers describe the calculator's assumptions. A tax return can differ because credits, itemized deductions, spouse income, multiple businesses, capital gains, and state rules are not fully modeled.
How much tax will I pay on 1099 income?
It depends on net profit rather than gross receipts alone. The estimate combines self-employment tax, the federal income tax added by that profit, Additional Medicare Tax when applicable, and your optional state planning rate.
What is the self-employment tax rate in 2026?
The combined rate remains 15.3%: 12.4% Social Security plus 2.9% Medicare. It generally applies to 92.35% of net self-employment earnings. The 12.4% portion stops at the annual Social Security wage base after counting applicable W-2 wages.
Do W-2 withholdings reduce quarterly 1099 payments?
They can. The calculator estimates federal income tax on W-2 wages first. Withholding above that wage-only estimate is treated as available to offset federal tax created by the 1099 income.
Why is QBI off by default?
The QBI deduction can depend on business type, taxable income, wages, qualified property, losses, and other deductions. Leaving it off creates a more conservative reserve. The optional calculation models the basic 20% and taxable-income limits only.
Does the calculator include state tax?
It includes an optional effective planning rate that you choose. It does not claim to reproduce any state's tax return because state brackets, deductions, credits, and local taxes vary.
Is this tax advice?
No. This is an educational estimate for planning cash. Use current IRS forms, tax software, or a qualified tax professional before filing or making a material financial decision.