1099 Tax Calculator
Estimate your total tax liability for 1099 income including federal, state, and self-employment taxes. Perfect for freelancers, contractors, and gig workers.
Deduction: $0 ($0.70/mile)
Total Tax Owed
$24,441
35.9% effective rate
Tax Breakdown
Quarterly Payment Estimate
Set aside approximately:
$6,110
per quarter (4 times per year)
You're Saving Money!
Your deductions saved you approximately $4,313 in taxes.
Large Tax Bill Expected
Consider making quarterly estimated tax payments to avoid underpayment penalties. Due dates are April 15, June 15, Sept 15, and Jan 15.
Understanding 1099 Taxes
Self-Employment Tax
15.3% total:
- • 12.4% Social Security
- • 2.9% Medicare
- • 0.9% Additional Medicare (high earners)
Federal Income Tax
Progressive tax brackets from 10% to 37% based on your taxable income and filing status
State Income Tax
Varies by state (0% to ~13%). Some states like TX, WA, and FL have no income tax
Official References
This calculator uses current federal and state tax rates for 2025:
- IRS Self-Employment Tax
Official self-employment tax guidance
- IRS Estimated Tax Guidelines
Quarterly tax payment requirements
- IRS Form 1040-ES
Estimated tax payment form and worksheet
This calculator provides estimates only. Your actual tax liability may vary based on deductions, credits, and other factors. Consult a tax professional for personalized advice.