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Free ToolSelf-employment tax (15.3%) is the surprise tax most sole proprietors and LLC owners do not budget for. This calculator shows your specific number.
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Free Tax Tool
Self-employment tax calculator · free to use · no signup

How much self-employment tax will you owe?

Self-employment tax is the 15.3% federal tax that LLC owners, sole proprietors, and partners pay on net business profit. This calculator gives you the SE tax amount plus a rough federal income tax estimate for 2026.

15.3%
SE tax
on net SE income
$168.6K
Social Security cap
2025
Pay-as-you-go
Quarterly estimates
dates included
Save
via S-Corp
election when eligible
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How this tool actually works

Three things that make Self-employment tax calculator useful in the real world.

Not a calculator that ships you to a paywall after the result.

01

Your number, not a generic estimate

Enter net income; we use the actual 2025 thresholds, not a rounded figure.

02

Quarterly schedule

See the four estimated-payment dates the IRS expects from a self-employed filer.

03

S-Corp comparison

See the savings if you elect S-Corp status against staying default sole prop / LLC.

Your business numbers

Business revenue minus all deductible business expenses. This is the number that flows to Schedule C / K-1.
For estimating your combined federal income tax bracket.
Note: This is a federal estimate. State income tax is separate (varies from 0% in 9 states to 13.3% in California). The actual SE tax calculation uses 92.35% of net earnings as the base. We also apply the half-SE-tax deduction in the income tax estimate.
Estimated total federal tax
$0
Enter your profit to see your tax.
SE tax (Social Security) $0
SE tax (Medicare) $0
SE tax total (15.3%) $0
Federal income tax (estimate) $0
Total federal tax owed $0
What is self-employment tax?

The 15.3% tax explained.

When you work for an employer, your paycheck has FICA tax withheld: 7.65% for you, plus 7.65% matched by your employer (so 15.3% combined). You only see the employee half on your paystub.

When you are self-employed (sole proprietor, LLC owner, partner in a partnership), you ARE the employer. You pay both halves: the full 15.3%. This is "self-employment tax," reported on Schedule SE of Form 1040.

SE tax has two parts: 12.4% Social Security (up to the wage base, $168,600 for 2026) plus 2.9% Medicare (no cap). High earners pay an additional 0.9% Medicare on income above $200k single / $250k joint.

The S-Corp election can dramatically reduce SE tax above ~$60k profit. The owner takes a reasonable salary (subject to payroll tax) and the rest as distributions (no SE tax). Run our S-Corp savings calculator to see your specific savings.

SE tax is significant. S-Corp election can cut it.Run the S-Corp calculator to see if it makes sense for you. Or file Form 2553 for $99.
FAQ

Common questions.

Who pays self-employment tax?
Sole proprietors, single-member LLC owners (taxed as disregarded entity), active members of multi-member LLCs and partnerships. Anyone reporting business income on Schedule C or receiving Schedule K-1 from a partnership with active participation.
Is SE tax in addition to income tax?
Yes. SE tax (15.3%) is on top of your regular federal income tax (12-37% depending on bracket). State tax is separate.
Can I deduct anything?
Yes. The IRS lets you deduct half of your SE tax (the "employer half") from your gross income before computing federal income tax. This reduces your income tax bill by 7.65% of your SE earnings. Our calculator includes this deduction.
When do I pay SE tax?
Quarterly estimated payments via Form 1040-ES (due April 15, June 15, September 15, January 15). Final reconciliation on Form 1040 + Schedule SE by April 15 of the following year.
What if I have a W-2 job AND self-employment income?
SE tax still applies to your self-employment income. If your combined wages (W-2 plus SE earnings) exceed the Social Security wage base ($168,600 for 2026), you do not pay the 12.4% SS portion on the excess (the employer side already maxed out). Medicare 2.9% applies to all SE earnings.
How can I reduce SE tax?
Three main strategies: (1) Deductible business expenses reduce net profit, which reduces SE tax. (2) S-Corp election lets you split between salary and distributions, exempting distributions from SE tax. (3) Retirement plan contributions (SEP-IRA, Solo 401(k)) reduce taxable income but do NOT reduce SE tax base.
Is this calculator accurate?
This is a federal estimate. It uses 2026 brackets and the 92.35% SE base. Actual filings may differ based on deductions, credits, state tax, additional Medicare tax, and other factors. Consult a CPA for exact planning.
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