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%
Total Tax Liability
$20,128.65
How to Use This Calculator
- Start by filling in the input fields below. Results update instantly as you type, so you can experiment with different values to see how they affect the outcome.
- W-2 / Other Income — Your total yearly income. Accepts values from $0 to $5,000,000 (default: $50,000).
- Filing Status — Your tax filing status. Choose from: Single, Married Filing Jointly. default: 0.
- Deductions — Standard deduction or total itemized deductions. Accepts values from $0 to $500,000 (default: $14,600).
- Self-Employment Income — Net income from self-employment (1099, freelance, etc.). Accepts values from $0 to $5,000,000 (default: $50,000).
- Once all inputs are set, review your results in the Results panel. Here's what each output means:
- Total Tax Liability — shown as a dollar amount. This is the primary result of this calculator.
- Quarterly Payment — shown as a dollar amount.
- Self-Employment Tax — shown as a dollar amount.
- Effective Tax Rate — shown as a percentage.
- View the Quarterly Payment Schedule below for a visual breakdown of how the numbers relate to each other.
- Explore the related calculators below if you need deeper analysis or want to approach this topic from a different angle.
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Related Calculators
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