Finance Tools
1099 Tax Calculator
Estimate 1099 contractor taxes using net income, estimated self-employment tax rate, and income tax rate. Calculate total tax and take-home pay.
Enter values to estimate 1099 taxes and take-home pay.
Note: This is a simplified estimator using flat rates you enter. Actual 1099 taxes depend on deductions, credits, brackets, and filing status.
How to use this 1099 tax calculator
- Enter your estimated annual net 1099 income (after business expenses).
- Enter an estimated self-employment tax rate (or use a typical estimate).
- Enter your estimated income tax rate.
- Click Calculate to see total tax and take-home pay.
Example
If your net 1099 income is $80,000, you estimate 15.3% self-employment tax and 12% income tax:
- Self-employment tax: $12,240
- Income tax: $9,600
- Total tax: $21,840
- Take-home pay: $58,160
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