Self-employed · 1099 · 2026
What should you set aside for taxes?
Nobody withholds anything for you, and the IRS wants paying four times a year. Here's your number — including the self-employment tax that catches every first-year freelancer.
Your business2026
$
$
$
Profit after tax
$0a year
$0a month
Net profit$0
Self-employment tax (15.3%)$0
Federal income tax$0
State tax$0
QBI deduction$0
Effective rate on profit0%
Quarterly estimated paymentsThe dates that matter
The IRS expects payment as you earn. Missing these brings underpayment penalties even if you settle up in April.
Estimates using 2026 federal rates. The QBI deduction has income limits and phase-outs for specified service businesses that this doesn't model. State rules for self-employment vary. Talk to a CPA before relying on these figures.