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Include expected contract, freelance, and platform income before business expenses.
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Freelancer + Contractor Planning
2026 1099 Tax Calculator
Short answer: Estimate 2026 federal income and self-employment tax from gross 1099 or contract income, business expenses, W-2 wages, and payments already made.
IRS-sourced tables
No account required
Tax Year
2026 planning estimates for income earned in 2026
2026 IRS inflation-adjusted tables; returns generally filed in 2027. Last reviewed June 16, 2026.
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Enter only estimated ordinary and necessary business expenses. A Form 1099 amount is gross information, not automatically the same as taxable net profit.
1099 and Freelancer Tax Planner
Start with gross contract income and business expenses to estimate net profit, federal income tax, self-employment tax, and a quarterly reserve.
Disclaimer: This calculator provides estimates based on selected-year federal brackets, standard deductions, Social Security wage bases, and long-term capital-gain thresholds. It does not account for state taxes, AMT, NIIT, QBI, most phase-outs, refundable-credit limits, local taxes, or every deduction and credit. Results are for informational purposes only. For personalized tax advice, consult our tax professionals.
IRS-source-backed estimate
Tax data used by this calculator
The estimator uses selected-year federal brackets, standard deduction amounts, long-term capital-gain thresholds, Child Tax Credit amounts, and Social Security wage bases from official IRS and SSA sources. For a deeper walkthrough, read the 2025 and 2026 federal tax calculator guide.
IRS federal income tax rates and bracketsIRS 2026 inflation adjustmentsIRS Rev. Proc. 2025-32 OBBBA adjusted itemsIRS Child Tax CreditSSA Social Security contribution and benefit baseIRS Topic 409: Capital Gains and LossesIRS self-employment tax guidanceIRS Form 1040-ES and instructionsIRS Publication 505: withholding and estimated taxIRS Topic 751: Social Security and Medicare withholding rates
Gross-to-net planning
Turn gross contract income into a clearer tax reserve estimate
Unlike the self-employment calculator, this workflow begins with gross 1099 or contract receipts, subtracts the expenses you enter to estimate net profit, and then calculates simplified federal income and self-employment tax.
Estimate business expenses
Use only ordinary and necessary expenses you can support; the calculator does not decide deductibility.
Plan a reserve
Review the annual estimate, remaining liability after entered payments, and an illustrative gross-income reserve percentage.
Illustrative 1099 contractor example
A contractor expecting $100,000 of gross receipts and $20,000 of entered business expenses has $80,000 of estimated net profit before other return adjustments. The tool uses that net amount for a simplified income and self-employment tax estimate; it does not determine whether every entered expense is deductible.
Calculator limitations
What this federal estimate does not cover
The calculator is built for planning and search transparency. It is intentionally conservative about exclusions so taxpayers know when to request a reviewed estimate.
State and local income taxes are not included.
AMT, NIIT, QBI, EITC, refundable-credit limits, education credits, and most phaseouts are not calculated.
Age 65 or older, blind taxpayer, retirement-plan deductions, HSA deductions, student loan interest, and detailed itemized-deduction limits are not yet modeled.
Self-employment estimates use the selected-year Social Security wage base and Medicare rates, but final Schedule SE results can differ.
Capital gains estimates exclude NIIT, collectibles, Section 1202 stock, unrecaptured Section 1250 gains, wash sales, and carryover-loss details.
The result is not a filed return, IRS software, or a guarantee of refund or tax due.
2026 1099 Tax Calculator FAQ
Is the amount on my Form 1099 my taxable profit?
Not necessarily. A Form 1099 generally reports gross payment information. Taxable business profit can differ after ordinary and necessary expenses and other return rules are applied.
What expenses can I enter?
Enter only estimated ordinary and necessary business expenses you can support. This calculator does not determine whether a specific expense is deductible.
Why can a 1099 worker owe two types of federal tax?
Net self-employment profit may be subject to regular federal income tax and self-employment Social Security and Medicare tax.
How much should a freelancer set aside?
There is no universal percentage. The tool shows an illustrative reserve rate based on the simplified estimate and entered gross receipts, but complete facts can change the amount.
Does this calculator include state tax?
No. State and local taxes, fees, and business obligations are not included.
Related resources
More help after the tax estimate
Use these pages for tax preparation, bookkeeping, IRS notices, and deeper planning context.
2025 and 2026 federal tax calculator guideHow to calculate 2026 quarterly estimated tax payments2026 quarterly estimated tax calculator2026 self-employment tax calculator1099 tax calculator for freelancers2026 capital gains tax calculatorIndividual tax preparation servicesSmall business tax and accounting servicesTexas tax and accounting servicesKaty bookkeeping servicesIRS notice help in Katy TXTax planning strategiesSmall business accounting tips
How We Calculate
Our engine uses selected-year IRS-published federal tax tables, standard deductions, and capital-gain thresholds. It aggregates income, subtracts deductions, and applies marginal brackets to estimate the taxable base.
When to Update
Recalculate your estimate whenever you experience a major life event: marriage, a new child, a significant raise, or the purchase of a new home to ensure withholding accuracy.
Pro Tip
Plan ahead by reviewing tax-advantaged contributions, withholding, and estimated payments before key filing-year deadlines.
Need a reviewed estimate?
Calculators are helpful for planning, but complete tax documents can change the final number. Book a review with an IntegraFin tax professional.
Ready for a reviewed estimate?
Send your details through the contact form for team follow-up and next-step information.
Book a tax review