Self-Employed

How Much Tax Do You Pay on Self-Employment Income?

SE tax plus income tax at eight profit levels for single and joint filers, with effective rates and the tax on your next $1,000.

How to Calculate Self-Employment Tax in 2026

Step-by-step: net income, 92.35% base, 12.4% SS + 2.9% Medicare, 50% deduction.

Do Self-Employed Pay 30% Tax? The Real Rate

SE tax is 15.3%, not 30%. The confusion comes from combining SE tax + income tax.

Self-Employment Tax in 2026: What Changed

Wage base up to $184,500. SE rate unchanged. OBBBA tips/OT deductions are W-2 only.

Quarterly Tax Deadlines for 2026: Complete Guide

All four deadlines, who must pay, Form 1040-ES, and how to calculate each payment.

1099 vs W-2: Side-by-Side Tax Comparison for 2026

W-2 pays 7.65% FICA. 1099 pays 15.3% SE tax. Same income, different tax treatment.

State Self-Employment Tax: NJ, Idaho, and Minnesota

How state income tax stacks on top of federal SE tax in three GSC-foothold states.

Side Hustle Taxes: What You Owe in 2026

SE tax applies to side income. How to handle quarterly payments when you have a W-2 job.

Self-Employed Tax Deductions for 2026: The Full List

50% SE deduction, health insurance, home office, mileage, retirement contributions.

Schedule C Basics for Self-Employed Workers

What goes on Schedule C, how it flows to Schedule SE and Form 1040.

1099-NEC vs 1099-K: What Each Form Means

NEC = direct client payments. K = payment platform processing. Both report gross income.

Self-Employed Quarterly Tax Penalty: How to Avoid It

Underpayment penalty rules, safe harbor thresholds, and the annualized income method.

Self-Employment Tax and OBBBA Deductions

OBBBA tips/OT deductions require W-2. SE workers on 1099 cannot claim them.