1099 Tax Calculator
Estimate the federal tax on your 1099 contractor income in seconds. Estimates 2024 US federal self-employment + income tax for 1099 contractors — not tax advice.
- Self-employment tax
- 14129.55
- Income tax
- 12286.75
- Total tax
- 26416.3
- Effective rate
- 26.42%
How to use
- Enter your net profit (income after business expenses).
- Choose your filing status.
- Read your self-employment tax, income tax, total tax, and effective rate.
Examples
- $100k single:
net profit 100000 → total tax 26416.30, effective 26.42% - $100k married:
net profit 100000, married → lower income tax
FAQ
- What does this calculator include?
- It combines self-employment tax (Social Security + Medicare, 15.3% on 92.35% of net profit) with federal income tax on your taxable income.
- Why is my income tax lower than expected?
- You can deduct half of your self-employment tax before income tax is calculated, along with the standard deduction. We apply the half-SE deduction automatically.
- Is this tax advice?
- No. These are estimates using 2024 US federal rules only — state and local taxes are not included. This is not tax advice; consult a professional.