Self-Employment Tax Calculator

Calculate your 2025 self-employment tax, income tax, and quarterly payment estimates. Free tool for freelancers, independent contractors, and business owners.

Self-Employment Tax Calculator

Calculate your SE tax, income tax, and quarterly payment estimates for 2025

$

Total income before business expenses

$

Deductible business expenses

Tax Breakdown

Net Earnings from SE$65,000
Self-Employment Tax$9,184
SE Tax Deduction-$4,592
Income Tax$5,210
Total Tax Owed$14,395
Effective Tax Rate22.1%

Quarterly Payment Estimate

$3,599

Per quarter (recommended)

Pay quarterly to avoid underpayment penalties

2025 Quarterly Due Dates

Q1 2025
Due: April 15, 2025
Period: January - March
Q2 2025
Due: June 16, 2025
Period: April - May
Q3 2025
Due: September 15, 2025
Period: June - August
Q4 2025
Due: January 15, 2026
Period: September - December

Common Business Expenses

Home office expenses
Business equipment and software
Professional development and training
Business travel and meals
Marketing and advertising
Professional services (legal, accounting)
Business insurance
Office supplies

Consult a tax professional for detailed expense planning

Important Tax Information

Self-Employment Tax

15.3% rate includes 12.4% Social Security + 2.9% Medicare tax

SE Tax Deduction

You can deduct 50% of your SE tax as a business expense

Quarterly Payments

Due if you expect to owe $1,000+ in tax for the year

2025 Tax Rates

Based on current tax brackets and standard deduction

This calculator provides estimates based on 2025 tax rates. Consult a qualified tax professional for personalized advice. Tax laws can be complex and individual situations vary significantly.

Understanding Self-Employment Tax in 2025

What is Self-Employment Tax?

Self-employment tax is a tax consisting of Social Security and Medicare taxes primarily for individuals who work for themselves. It's equivalent to the Social Security and Medicare taxes withheld from the pay of most wage earners.

2025 SE Tax Rate

  • Total rate: 15.3% of net earnings
  • Social Security: 12.4% (up to $168,600)
  • Medicare: 2.9% (no limit)
  • Additional Medicare: 0.9% (over $200,000)

Who Must Pay SE Tax?

You must pay SE tax if your net earnings from self-employment are $400 or more. This includes:

  • • Freelancers and independent contractors
  • • Business owners (sole proprietorship, LLC)
  • • Partners in partnerships
  • • Gig economy workers (Uber, DoorDash, etc.)

SE Tax Deduction

You can deduct 50% of your SE tax when calculating your adjusted gross income. This deduction represents the "employer portion" of the tax.

Quarterly Tax Payments for 2025

2025 Quarterly Payment Due Dates

Q1 2025
Jan-Mar
Due: April 15
Q2 2025
Apr-May
Due: June 16
Q3 2025
Jun-Aug
Due: Sep 15
Q4 2025
Sep-Dec
Due: Jan 15, 2026

If you expect to owe $1,000 or more in taxes for the year, you're required to make quarterly estimated tax payments. Failing to do so may result in underpayment penalties.

Common Business Expense Deductions

Home Office

  • • Dedicated workspace
  • • Utilities (proportional)
  • • Office furniture
  • • Internet & phone

Equipment & Software

  • • Computers & tablets
  • • Software subscriptions
  • • Professional tools
  • • Camera equipment

Professional Services

  • • Legal & accounting
  • • Business coaching
  • • Professional development
  • • Industry memberships

Travel & Transportation

  • • Business travel
  • • Vehicle expenses
  • • Parking & tolls
  • • Business meals (50%)

Marketing & Advertising

  • • Website development
  • • Social media ads
  • • Business cards
  • • Networking events

Insurance & Protection

  • • Business insurance
  • • Professional liability
  • • Health insurance (SE)
  • • Disability insurance

Frequently Asked Questions

How is self-employment tax different from income tax?

Self-employment tax is specifically for Social Security and Medicare, while income tax is based on your overall taxable income. Both are calculated separately, and you'll owe both if you're self-employed.

Can I avoid paying self-employment tax?

No, if you have net earnings from self-employment of $400 or more, you must pay SE tax. However, you can reduce it by maximizing legitimate business expense deductions.

What happens if I don't make quarterly payments?

If you don't make required quarterly payments, you may owe underpayment penalties when you file your annual return, even if you receive a refund.