Freelancer Tax Calculator

Estimate tax and net income for freelancers from income, expenses, and tax rate.

Formula

Taxable Income = Annual Income − Business Expenses • Estimated Tax = Taxable Income × (Tax Rate ÷ 100) • Net Income = Annual Income − Business Expenses − Estimated Tax

How it works

A freelancer tax calculator estimates how much tax a self-employed worker owes after deducting business expenses, and what net income remains.

Example

Example: $80,000 income − $10,000 expenses = $70,000 taxable. 25% tax = $17,500. Net income = $52,500.

Frequently Asked Questions

Disclaimer: Results are estimates for informational purposes only and should not be considered financial, medical, legal, or professional advice. Always consult a qualified professional before making decisions.