Freelance Tax Calculator
Our Freelance Tax Calculator helps self-employed individuals estimate how much tax they owe on their freelance income. Just input your income and expenses to get an accurate estimate of your tax liability, including self-employment tax.
Frequently Asked Questions
What is self-employment tax?
Self-employment tax covers Social Security and Medicare taxes for individuals who work for themselves.
Can I deduct expenses as a freelancer?
Yes, many business-related expenses such as supplies, travel, and equipment can be deducted to reduce taxable income.
How do I know what tax rate to use?
Use your country's current income and self-employment tax rates. You may need to check with a tax advisor or official guidelines.
Is this calculator suitable for part-time freelancers?
Yes, this tool works for both full-time and part-time freelancers to estimate their tax liability.
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