Net Pay — 1099 Contractor & Freelancer Tax Calculator

See what you actually take home.

A free, no-signup calculator for US 1099 contractors and freelancers. Estimate federal income tax, self-employment tax, and true take-home for 2026.

Your Numbers

Net Business Profit$77,000

Your Take-Home

True Annual Take-Home
$59,005
True Monthly Take-Home
$4,917
Federal Income Tax$7,115
Self-Employment Tax$10,880
Total Estimated Tax
$17,995

Set aside for tax

Nobody withholds tax for you, so this is the money to keep back.

Every month$1,500
Effective tax rate on gross21.2%
You keep 77%Tax 23%

Estimated quarterly payments

  • Q1 (Jan–Mar) · due 15 April 2026$4,499
  • Q2 (Apr–May) · due 15 June 2026$4,499
  • Q3 (Jun–Aug) · due 15 September 2026$4,499
  • Q4 (Sep–Dec) · due 15 January 2027$4,499
Auto-set aside your quarterly taxes with Found

Free business banking that estimates your tax bill and ring-fences the cash as you get paid. Partner offer.

As a W-2 employee on the same pay

Take-home that way$68,426
Difference+$9,420

An employee's payroll tax is split with their employer, so the same gross pay keeps more. The gap is roughly the premium you should build into your contractor rate (before benefits).

Estimates only. Based on 2026 US federal tax rules for single/standard filers. Does not include state, local, or other tax obligations. Consult a qualified accountant.

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Saved scenarios

Keep a few rates side by side — for example “Client A at $600/day”. Stored on this device only.