Self-Employment Tax Calculator

Estimates SE tax (Social Security + Medicare) on net self-employment income.

Inputs

Example

Self-employment tax: $8,478

Taxable base (92.35%)$55,410
Social Security (12.4%)$6,871
Medicare (2.9%)$1,607
Deductible half$4,239

How it works

SE tax = 15.3% of 92.35% of net earnings (Social Security 12.4% up to $176,100; Medicare 2.9%). Half is deductible for income tax. Excludes the 0.9% additional Medicare over $200k. 2025 estimate.

FAQ

How does the Self-Employment Tax Calculator work?

Estimates SE tax (Social Security + Medicare) on net self-employment income. SE tax = 15.3% of 92.35% of net earnings (Social Security 12.4% up to $176,100; Medicare 2.9%). Half is deductible for income tax. Excludes the 0.9% additional Medicare over $200k. 2025 estimate.

Is the Self-Employment Tax Calculator free?

Yes — every calculator on Calcova is free and you can download the results to Excel.

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