Self-Employment Income Tax Calculator
The Self-Employment Income Tax Calculator allows you to estimate your tax liability, including self-employment tax and income tax, based on your earnings and deductible expenses. Use this tool to plan your tax payments effectively and ensure you're prepared for your financial obligations as a self-employed individual.
Net Self Employment Income
$60,000.00
Self Employment Tax
$9,180.00
Income Tax
$12,000.00
Total Tax Liability
$21,180.00
Results calculated based on your inputs