Self-Employment Tax Calculator
Calculate your self-employment tax (Social Security and Medicare) for 2025. Perfect for freelancers, independent contractors, and small business owners.
Total Self-Employment Tax
$8,478
for 2025 tax year
Tax Breakdown
Tax Deduction
You can deduct 50% of your SE tax ($4,239) from your income taxes.
Important Note
Self-employment tax is separate from income tax. You'll need to pay both self-employment tax and income tax on your net earnings.
What is Self-Employment Tax?
Social Security
12.4% up to $176,100 wage base (2025)
Medicare
2.9% on all net earnings
Additional Medicare
0.9% on income over $200,000
Who Needs to Pay Self-Employment Tax?
Freelancers & Contractors
If you earn $400+ from freelance work or contract work (1099 income)
Small Business Owners
Sole proprietors, single-member LLC owners, and partners in partnerships
Gig Economy Workers
Uber/Lyft drivers, delivery drivers, and other gig workers
Official References
This calculator uses current IRS self-employment tax rates for 2025:
- IRS Self-Employment Tax
Official IRS guidance on Social Security and Medicare taxes
- IRS Schedule SE Form
Form for calculating self-employment tax
- Social Security Wage Base
Annual Social Security contribution and benefit base
This calculator provides estimates based on 2025 tax rates. Your actual tax liability may vary. Consult a tax professional for personalized advice.