Self-employment tax calculator

Estimate Social Security and Medicare tax on your self-employment profit and what to set aside each quarter.

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W-2 vs 1099Who withholds the tax, and who pays both halves.Self-employment tax15.3% of 92.35% of your profit, paid quarterly.Quarterly estimated taxesFour payments a year when nobody withholds for you.Self-employed retirementYour own 401(k) or SEP IRA, and how much fits.

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<iframe src="https://www.walletprep.com/embed/self-employment-tax/" title="Self-employment tax calculator" width="100%" height="640" style="border:0;max-width:720px" loading="lazy"></iframe>
<p><a href="https://www.walletprep.com/learn/tools/self-employment-tax/">Self-employment tax calculator</a> by WalletPrep</p>

General education, not personalized financial, tax or legal advice. Figures are examples. Check current rates and limits before you act.

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