Self-Employment Tax Calculator

Net Self-Employment Income ($) Business Expenses ($) Calculate SE Tax

How SE Tax Works

Self-employment tax is 15.3% (12.4% Social Security + 2.9% Medicare) on 92.35% of net earnings. Social Security applies up to $168,600 (2024). You can deduct half of SE tax from gross income. Additional 0.9% Medicare tax applies above $200,000.