What taxes will I owe on 1099 income for 2025?
Estimate taxes on 1099 income for 2025 or 2026 by entering net profit, deductions, and other income. The tool combines self-employment tax with federal income tax using IRS brackets and standard deductions so you can plan withholding or quarterly payments.
How this calculation works
- Starts with net profit after business expenses.
- Calculates self-employment tax using SE earnings rules.
- Estimates federal income tax using standard deduction and IRS brackets.
- Combines totals to estimate overall federal tax.
Common mistakes and caveats
- Credits, phaseouts, and AMT are not fully modeled.
- Accurate net profit and deductions are critical for reliable results.
- State income taxes are not included.
FAQ
Does this include state taxes?
No. This is a federal estimate only. Add state taxes separately.
TaxGuide Pro provides free state and federal tax calculators for individuals, freelancers, and small businesses.