Free Agent FinanceCalculators · Interactive
Take-Home Pay Calculator for 1099 Contractors
Enter a contract amount to see roughly what actually lands in your pocket after self-employment and federal income tax.
Uses simplified 2024 federal brackets and standard deduction. Educational estimate only — not tax advice. See our Disclaimer.
Estimated take-home pay
$0
Self-employment tax$0
Estimated federal income tax$0
Effective tax rate0%
How this calculator works
This applies the same method as our main Self-Employment & Quarterly Tax Calculator: self-employment tax at 15.3% of 92.35% of net income, then federal income tax estimated on the remainder after the half-SE-tax deduction and your filing status's standard deduction, using simplified marginal brackets. State tax, credits, and other deductions aren't included — see our full savings guide for the complete method.