Tax Withholding Calculator
Estimate your federal tax liability as an independent contractor
Tax Information
Enter your income and deduction details
- Annual Income
- Your estimated gross annual income before deductions
- Filing Status
- Single
- Married Filing Jointly
- Head of Household
- Standard Deduction
Independent Contractor Note
This calculator includes both federal income tax and self-employment tax (Social Security + Medicare). As a 1099 contractor, you're responsible for the full 15.3% self-employment tax.
Annual Tax Summary
- Gross Income
- Standard Deduction
- Taxable Income
- Federal Income Tax
- Self-Employment Tax (15.3%)
- Total Tax Liability
- Net Income (After Tax)
- Effective Tax Rate
Period Breakdowns
Income and tax estimates by payment period
- Weekly
- Bi-Weekly
- Monthly
- Quarterly
- Annual
- Gross Income
- Federal Income Tax
- Self-Employment Tax
- Total Tax
- Net Income
Disclaimer
This calculator provides estimates for federal taxes only and does not include state income taxes. Results are for informational purposes and should not be considered professional tax advice. Actual tax liability may vary based on deductions, credits, and other factors. Please consult with a qualified tax professional for personalized guidance.
Ready to Calculate
Enter your income information and click "Calculate Taxes" to see your detailed tax breakdown