Self-Employment Tax Calculator
Estimate your tax liability as a freelancer, independent contractor, or small business owner.
Notice
- Not financial advice
- Educational use
- Estimates only
- Jurisdiction differences
$
Total income minus business expenses.
%
Default is 15.3% (US Standard).
Total Self-Employment Tax
$0.00
Estimated Breakdown
Calculated Tax
$0
After-Tax Profit
$0
Note: Tax rates and rules vary significantly by jurisdiction. This tool provides a simplified estimate based on the provided percentage.
What is Self-Employment Tax?
Self-employment (SE) tax is a social security and Medicare tax primarily for individuals who work for themselves. It is similar to the FICA taxes withheld from the pay of most wage earners.
When you are an employee, your employer pays half of the FICA tax (7.65%) and you pay the other half. When you are self-employed, you are responsible for both the employer and employee portions, totaling 15.3%.