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Calcimator

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%).

Inputs

$
$
$

Results

Total Tax Liability

$20,128.65

Quarterly Payment$5,032.16
Self-Employment Tax$7,064.78
Effective Tax Rate20.13%
How to Use This Calculator
  1. Enter your W-2 or other income in the annual income field.
  2. Select your filing status (single or married filing jointly).
  3. Enter your standard or itemized deductions β€” the standard deduction for 2024 is $14,600 single / $29,200 married.
  4. Add your net self-employment income from 1099s, freelance, or business profits.
  5. Review your total tax liability, self-employment tax, and the quarterly estimated payment to send to the IRS each quarter (April, June, September, January).
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