About 1099 Tax Calculator
We empower freelancers, gig economy workers, independent contractors, and sole proprietors to take control of their finances with fast, transparent, and accurate tax estimations.
Our Mission
Transitioning from a traditional W2 job to 1099 freelancing can come as a financial tax shock. Contractors are often surprised by the 15.3% Self-Employment (SE) tax, quarterly estimated IRS payments, and complex state tax rules.
Our mission is to make self-employment tax math clear, visual, and accessible without paywalls, hidden fees, or complicated sign-ups.
Calculation Methodology & Accuracy
Our tax engine strictly follows official IRS Tax Codes, Schedule SE guidelines, and 2025/2026 tax bracket updates:
- Self-Employment Tax Base: Applies the standard 92.35% multiplier to net profit.
- FICA Taxes: Calculates 12.4% Social Security (up to wage caps) and 2.9% Medicare.
- QBI Deduction: Includes Section 199A 20% Qualified Business Income deductions.
- 50-State Tax Engine: Covers all 50 US States + DC, including flat, progressive, and 0% tax states (TX, FL, WA, NV, TN, etc.).
Contact Us & Support
Have questions, feedback, or suggestions for new tax tools?
Website: https://1099taxcalculator.net