Quarterly Estimated Tax Calculator
Calculate quarterly estimated tax payments for freelancers and self-employed individuals. Includes both income tax and self-employment tax (15.3%).
Tax Disclaimer
This calculator provides estimates based on general tax rules and may not reflect your specific situation. Tax laws vary by jurisdiction and change frequently. Consult a qualified tax professional or CPA for advice tailored to your circumstances.
Inputs
Results
Total Tax Liability
$20,128.65
How to Use This Calculator
- Enter your W-2 or other income in the annual income field.
- Select your filing status (single or married filing jointly).
- Enter your standard or itemized deductions β the standard deduction for 2024 is $14,600 single / $29,200 married.
- Add your net self-employment income from 1099s, freelance, or business profits.
- Review your total tax liability, self-employment tax, and the quarterly estimated payment to send to the IRS each quarter (April, June, September, January).
Related Calculators
Income Tax Calculator
Estimate your federal income tax, FICA taxes, effective tax rate, and take-home pay based on your filing status and deductions.
Self-Employment Tax Calculator
Calculate your self-employment tax including Social Security, Medicare, and quarterly estimated payments.
Tax Bracket Calculator
Find your federal tax bracket, marginal rate, and effective tax rate. See how much you owe at each bracket level.
Freelance Rate Calculator
Calculate your ideal freelance hourly rate based on desired salary, expenses, taxes, and billable hours. Ensure you're pricing your services correctly.