🧮2026 Self-Employment Tax Calculator1099 Contractor

Estimate your federal & state taxes, SE tax, QBI deduction, and quarterly payments for tax year 2026.

📋Filing Status

💰Income

$

Total self-employment income from all 1099-NEC / 1099-MISC forms

$

Cash income, side gigs, or income without 1099

$

W-2 wages reduce the SS wage base available for SE tax

📉Business Deductions

$

Supplies, software, travel, meals (50%), equipment, etc.

$

Simplified: up to $1,500 (300 sq ft × $5) or actual expenses

$

Self-employed health insurance deduction (above-the-line)

$

SEP-IRA, Solo 401(k), SIMPLE IRA contributions

$

Any other Schedule C deductions

Total Tax

$15,720

Effective Rate

23.2%

Take Home

$51,980

Quarterly

$3,930

🏛ī¸Self-Employment Tax

Gross Self-Employment Income$85,000
Total Business Deductions-$17,300
Net Self-Employment Income$67,700
SE Taxable Income (×92.35%)$62,521
Social Security Tax (12.4%)$7,753
â†ŗ Taxable up to $176,100 wage base
Medicare Tax (2.9%)$1,813
Additional Medicare Tax (0.9%)$0
Total SE Tax$9,566
SE Tax Deduction (50%)-$4,783

📊Income Tax

Adjusted Gross Income (AGI)$58,117
Standard Deduction (Single)-$15,750
QBI Deduction (20%)-$8,473
Taxable Income$33,894
Federal Income Tax$3,824
Marginal Tax Bracket12.0%
State Income Tax (estimated)$2,330

📈Tax Composition

Self-Employment Tax$9,566 (60.8%)
Federal Income Tax$3,824 (24.3%)
State Income Tax$2,330 (14.8%)

📅Estimated Quarterly Payments (2026)

Q1

$3,930

Due Apr 15, 2026

Q2

$3,930

Due Jun 15, 2026

Q3

$3,930

Due Sep 15, 2026

Q4

$3,930

Due Jan 15, 2027

⚠ī¸ Disclaimer: This calculator provides estimates based on 2026 projected tax brackets and rates. Actual tax liability may vary. Consult a qualified tax professional for personalized advice. QBI deduction and other calculations are simplified and may not reflect all limitations.