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Who this is for
- People asking: “How much should I set aside?”
- Anyone who needs a quick planning estimate before making a freelance decision.
- People who want to compare two transparent sets of assumptions before committing money.
How to use this tool
- 1Enter your best current estimate for annual freelance profit, federal income tax estimate, state income tax estimate.
- 2Review the freelance tax set-aside calculator result and the assumptions behind it.
- 3Change one input at a time to compare a conservative and an optimistic scenario.
Companion guide
How Much Should a Freelancer Set Aside for Taxes?
A useful freelance tax reserve combines your federal estimate, state estimate, and self-employment tax. A flat 25% rule can be too low or unnecessarily high because profit, state rules, and other income all change the answer.
Read the guide →Calculator FAQ
What does the freelance tax set-aside calculator estimate?+
Estimate how much of each freelance payment to reserve for taxes.
Are the results guaranteed?+
No. The result is an estimate based on the inputs and stated formula. Actual rates, terms, taxes, fees, and eligibility can change the outcome.
What should I do after getting a result?+
Use the result as a decision baseline, compare a second scenario, and confirm important tax, lending, or investment decisions with the appropriate qualified professional.
Can I share my scenario?+
Yes. The calculator keeps non-default inputs in the URL so a copied link recreates the same planning scenario.