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Tax Center / Calculators / Quarterly Estimates

Quarterly Estimated Tax Helper

For freelancers and the self-employed: estimate self-employment tax plus income tax, then split what's left into four quarterly payments. Results update as you type.

Your income

Schedule C profit — revenue minus business expenses.

Your estimate

Self-employment tax

SE tax base (92.35% of net SE income)
Social Security (12.4%, wage-base capped)
Medicare (2.9%, uncapped)
Total SE tax
Deductible half (above-the-line adjustment)

Income tax & total

Adjusted gross income
Taxable income (after standard deduction)
Estimated income tax
Total federal liability
Remaining after withholding

Suggested payment per quarter

Quarterly due dates

    Safe-harbor rules (paying 100%/110% of last year's tax, or 90% of this year's) are not modeled — these are straight estimates. The 0.9% Additional Medicare Tax may apply at higher incomes and is not included. W-2 wages are not netted against the Social Security wage base here.

    Your next step

    Questions about your results?

    Quarterly estimates are where self-employed filers most often overpay or get penalized. Schedule a consultation and we'll set the right number.