OwnerUnlocked

Free tools

Self-employment tax calculator (2026)

Self-employment tax is the Social Security and Medicare you pay on business profit, on top of income tax. Here's yours.

Self-employment tax$8,478
Social Security (12.4%)$6,871
Medicare (2.9%)$1,607
Extra Medicare (0.9%)$0
Deduct half on your return$4,239
Taxed amount (92.35%)$55,410

The 2026 rules

  • 15.3% on 92.35% of your net profit: 12.4% Social Security, up to $184,500 of combined earnings, and 2.9% Medicare with no cap.
  • An extra 0.9% Medicare above $200,000 ($250,000 married filing jointly), counting wages.
  • No self-employment tax if your net earnings are under $400.
  • Half of it is deductible when you figure your income tax.

Estimate your quarterly payments

An estimate for planning, not tax advice. It assumes a single-owner LLC or sole proprietor, the standard deduction and federal tax only. Your state may add income tax. A tax pro can confirm your numbers. Figures: IRS and SSA for 2026, checked Oct 4, 2026.