Tax Calculator
Estimate your self-employment and business taxes
Tax Estimates (2024)
⚠️ Disclaimer: This calculator provides estimates only. Tax situations vary. Consult a tax professional for accurate tax planning. State taxes are not included.
Quarterly Tax Due Dates (2024)
Related Tools
Frequently Asked Questions
What is self-employment tax?
Self-employment tax covers Social Security (12.4%) and Medicare (2.9%) taxes. As an employee, your employer pays half; as self-employed, you pay the full 15.3% but can deduct half.
When are quarterly taxes due?
Quarterly estimated taxes are due April 15, June 15, September 15, and January 15 of the following year. Missing payments may result in penalties.
What business expenses can I deduct?
Common deductions include home office, business travel, equipment, professional services, health insurance (for self-employed), and retirement contributions.
Finorly AI Invoice Maker
Want this workflow on your phone?
Capture work, keep client context, and turn it into clean invoice drafts from one mobile flow.
