Self-Employment Tax Calculator (2026)
If you freelance, drive for an app or get a 1099, you pay 15.3% self-employment tax (Social Security and Medicare) on 92.35% of your net profit, plus income tax. Enter your profit to estimate both and your quarterly payments.
2026 self-employment taxes by net profit (single)
| Net profit | SE tax | Income tax | Total | Per quarter |
|---|---|---|---|---|
| $20,000 | $2,826 | $199 | $3,025 | $756 |
| $40,000 | $5,652 | $1,775 | $7,427 | $1,857 |
| $60,000 | $8,478 | $3,559 | $12,037 | $3,009 |
| $80,000 | $11,304 | $5,344 | $16,647 | $4,162 |
| $100,000 | $14,130 | $8,235 | $22,365 | $5,591 |
| $150,000 | $21,194 | $16,413 | $37,608 | $9,402 |
| $200,000 | $28,234 | $25,196 | $53,431 | $13,358 |
Frequently asked questions
What is the self-employment tax rate for 2026?
15.3% of net earnings from self-employment: 12.4% Social Security on the first $184,500 (less any W-2 wages) and 2.9% Medicare on everything. An extra 0.9% Medicare applies above $200,000 ($250,000 joint).
Why only 92.35% of profit?
The tax is figured on net profit × 92.35%, which mirrors the employer half of FICA that employees never see on their pay.
Do I need to pay quarterly?
Generally yes, if you expect to owe $1,000 or more for the year. The 2026 estimated tax due dates are April 15, June 15 and September 15, 2026 and January 15, 2027.
What is the QBI deduction?
Most self-employed people can deduct 20% of qualified business income, limited to 20% of taxable income. Above $201,750 of taxable income ($403,500 joint) in 2026, extra limits apply.