Quarterly Tax Set-Aside
Calculate how much to set aside from freelance or self-employment income for quarterly estimated tax payments. Covers federal, self-employment, and state taxes.
Financial Disclaimer
This calculator is for educational purposes only and does not constitute financial advice. Results are estimates based on the inputs provided. Consult a qualified financial advisor before making investment or financial planning decisions.
Inputs
Results
Total Annual Tax
$27,702.71
Quarterly Payment
$6,925.68
How to Use This Calculator
- Enter your expected annual freelance or self-employment income.
- Set your federal income tax bracket and self-employment tax rate (default 15.3%).
- Add your state income tax rate and estimated annual deductions.
- Review Quarterly Payment — send this to the IRS by each quarterly deadline (April 15, June 15, Sept 15, Jan 15).
- Use Per-Paycheck Set-Aside to build a tax savings habit if you invoice biweekly rather than quarterly.
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