Self-Employment Tax Calculator
Calculate the 15.3% SECA tax (Social Security + Medicare) you owe on your net 1099 income.
If you earned $400+ in self-employment income, the IRS requires you to file Schedule SE.
Self-employment income
Calculates the 15.3% SECA (Social Security + Medicare) tax on net earnings.
Self-employment tax owed
$5,087
Net SE earnings
$36,000
½ SE deduction
$2,543
Breakdown
Gross 1099 income$40,000
Business expenses− $4,000
Net self-employment income$36,000
SE-taxable base (92.35%)$33,246
Social Security (12.4%)$4,123
Medicare (2.9%)$964
Combined SE tax$5,087
Effective SE rate on gross12.7%