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1099 Tax Calculator

Estimate Tax Year 2026 federal tax on freelance or contractor profit—self-employment tax and income tax in one educational worksheet.

SE + income tax
Wage-base aware
Links to quarterly estimates

Combines TY2026 Schedule SE self-employment tax with ordinary income tax after deductible half SE tax and the standard deduction. Educational only.

Limitation: Educational estimate for U.S.

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Free Calculators Hub1099 Tax Calculator

How to Estimate 1099 Tax

Start from net profit after expenses.

1

Choose filing status.

Plan quarterly payments

Feed the combined tax into the Quarterly Estimated Tax Calculator after subtracting withholding.

What the 1099 Result Means

Combined federal SE tax and ordinary income tax for one profit scenario.

1099 Tax Examples

Single contractor, $80k profit

Scenario inputs

filingStatus:single
net1099Income:80000
w2SocialSecurityWages:0
otherAgiAdjustments:0

Combined tax

SE + income tax combined

Applies 92.35% SE base and standard deduction.

Wage base already used

Scenario inputs

filingStatus:single
net1099Income:50000
w2SocialSecurityWages:184500

Combined tax

Medicare-only SE Social Security slice

OASDI wage base already filled by W-2 wages.

Zero profit

Scenario inputs

filingStatus:single
net1099Income:0

Combined tax

$0

No SE or income tax from 1099 profit.

Educational estimate

Keep separate books for expenses before entering net profit.

Frequently Asked Questions

No. Enter profit after ordinary and necessary business expenses.

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1099 Combined Tax Formulas

Schedule SE mechanics plus ordinary income tax.

Formula

netEarnings ​=​ profit ​×​ 92.35%; SE rates 12.4% ​+​ 2.9% ​(​​+​0.9% Additional Medicare when applicable​)​

SE tax

netEarnings ​=​ profit ​×​ 92.35%; SE rates 12.4% ​+​ 2.9% ​(​​+​0.9% Additional Medicare when applicable​)​

AGI bridge

AGI ≈ profit − deductible half of SE tax ​(​​+​ other adjustments​)​

Income tax

ordinaryTax​(​max​(​0, AGI − deduction​)​​)​

Scientific Background

Assumptions: single trade/business profit; standard deduction unless overridden; no QBI deduction modeled. Limitations: health-insurance SE deduction, retirement contributions, and multi-state rules omitted. Sources: https://www.irs.gov/businesses/small-businesses-self-employed/self-employment-tax-social-security-and-medicare-taxes ; https://www.irs.gov/pub/irs-drop/rp-25-32.pdf

Sources & review

1099 Tax Calculator documents the references behind its formulas and assumptions. Always treat results as educational estimates, not personalized professional advice.

Last reviewed

July 22, 2026

See our methodology and corrections policy.