Tax Calculator for Freelance Contractors
Answer 3 questions and get an instant estimate of your tax liability for 2021 (Federal and State)
With a taxable income of
your total estimated tax liability for 2021 is
Self-Employment Tax (Federal)
Income Tax (Federal)
State Income Tax
Tax Deductions for Subcontractors
Don’t forget about these common tax deductions for subcontractors.
Driving around for business? Deduct your car costs.
Whether it’s a section of your garage or a unit at a warehouse, where you keep the tools of your trade is a business expense.
Protection has a cost, and it is a business expense.
Lili’s Guide to Becoming a Freelance Contractor
Freelancing doesn’t have to mean financial instability. Here’s some pro tips to build a reliable financial ground floor for your freelance business in 2021.
Open your account in less than 3 minutes.
No account fees. No minimum balance. Free VISA business debit card. Save time and money with our exclusive tax tools. Build financial stability with Automatic Savings.