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2026 Self-Employment Tax Calculator

Estimate your self-employment tax, federal income tax, state tax, and what to set aside each quarter. Updated for 2026 rates.

Your numbers
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Set aside each quarter
$3,843/ quarter
That's 26% of every freelance dollar — about $15,371 in total tax on $60,000 of net income.
Self-employment tax$8,478
Federal income tax$3,173
State income tax$3,720
Total estimated tax$15,371
A planning estimate using 2026 figures — not a filed return or tax advice. TaxClover keeps this updated automatically as you log income and expenses.
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2026 quarterly estimated tax due dates

QuarterIncome periodPayment due
Q1 2026Jan 1 – Mar 31April 15, 2026
Q2 2026Apr 1 – May 31June 15, 2026
Q3 2026Jun 1 – Aug 31September 15, 2026
Q4 2026Sep 1 – Dec 31January 15, 2027

See the full breakdown on the 2026 quarterly tax due dates page.

Frequently asked

What is self-employment tax?+

Self-employment tax covers Social Security and Medicare for people who work for themselves. It's 15.3% — 12.4% Social Security on earnings up to the 2026 wage base of $184,500, plus 2.9% Medicare with no cap — applied to 92.35% of your net business profit.

How much should I set aside for taxes as a freelancer?+

A common rule of thumb is 25–30% of net freelance income, but the right number depends on your total income, filing status, and state. This calculator gives you a specific percentage instead of a guess.

When are 2026 quarterly taxes due?+

April 15, 2026; June 15, 2026; September 15, 2026; and January 15, 2027. If a date lands on a weekend or holiday, it shifts to the next business day.

Is this calculator tax advice?+

No. It's a planning estimate using 2026 figures. It is not a filed return and not a substitute for a CPA or IRS Form 1040-ES. Confirm anything important with a tax professional.

Want this number to stay current automatically?

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