U.S. taxes for freelancers & 1099 contractors

Freelancer taxes, made clear.

Practical, plain-English guides on self-employment tax, deductions, quarterly payments and business setup, written for independent workers in the United States.

  • 8topic areas
  • 2026tax year rules
  • Freeguides & tools
Featured guideHow to Become Self-Employed in the US: Step-by-Step Guide (2026)Read the step-by-step guide →

Interactive tool

Write-off Finder: how much could your deductions save you?

Tap the business expenses you have, adjust the yearly amounts and pick your tax bracket. We’ll estimate how much tax those write-offs could save you in 2026.

Self-Employment Taxes · Free tool

Estimate your self-employment tax

Move the slider to your expected net profit for 2026 (income minus business expenses) to see your estimated Social Security and Medicare tax.

Simplified estimate: 15.3% of 92.35% of net earnings. Excludes income tax and the Social Security wage-base cap. Not tax advice.

How much should I set aside? →
$60,000
Social Security 12.4%Medicare 2.9%
Estimated SE tax$8,478
Per quarter$2,119
Deductible half$4,239

Self-Employment Taxes

Quarterly estimated tax deadlines

Estimated payments (Form 1040-ES) for the 2026 tax year and the start of 2027. When a date falls on a weekend or holiday, it moves to the next business day.

Sep 15, 2026Q3 paymentIncome Jun 1 – Aug 31
Apr 15, 20272026 tax return + Q1 2027Income Jan 1 – Mar 31
Jun 15, 2027Q2 paymentIncome Apr 1 – May 31

FAQ

Common questions from freelancers

Short answers to the questions we hear most. Each one links to a full guide.

Do I have to pay quarterly estimated taxes?

Generally yes, if you expect to owe $1,000 or more in federal tax for the year after withholding and credits. See how much to set aside →

How are 1099 taxes different from W-2 taxes?

No one withholds tax from your payments, and you pay both halves of Social Security and Medicare through self-employment tax. Read W-2 vs 1099 →

Do I need an LLC to freelance?

No. Most freelancers can start as a sole proprietor; an LLC mainly adds liability protection. Compare sole proprietorship vs LLC →

Is side hustle income taxable?

Yes, whether or not you receive a 1099. Read the side hustle tax guide →

Your first year as a freelancer, step by step

Use our first-year checklist to set up your finances, track expenses and stay ahead of every tax deadline.

Open the checklist →

Freelance Tax HQ publishes educational content only and does not provide tax, legal or financial advice. For your specific situation, consult a CPA or enrolled agent.

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