Self-Employment Tax Calculator
Self-Employment Tax Calculator
Estimate your self-employment taxes, including FICA and Medicare.
What This Number Means
Your self-employment tax estimate is only one piece of your tax picture. Before you plan around it, consider:
How much of your net earnings go to Social Security and Medicare
Whether the additional Medicare tax applies to you
How the employer-equivalent deduction lowers your taxable income
Whether an entity change could reduce this exposure
How this number affects your quarterly estimated payments
How to Use This Calculator
1
Enter net self-employment income: Input your net profit from self-employment or your business.
2
Confirm other wages: Add any W-2 wages, since they affect the Social Security wage base.
3
Review the breakdown: See the Social Security and Medicare portions calculated separately.
4
Check the deduction: See the deductible portion of self-employment tax that lowers your income.
DISTINCT TAX
CONSULTING GROUP
Strategic tax solutions that protect wealth, maximize opportunities, and create lasting impact.
QUICK LINKS
Home
Services
About Us
Insights
Resources
Contact
SERVICES
Tax Planning and Strategy
Business Tax Services
Individual Tax Services
Wealth and Investment Planning
IRS Representation
Multi-State Tax Solutions
@2026 Distinct Tax Consulting Group. All Rights Reserved.
Privacy Policy I Terms and Conditions