Tax Calculator for Freelance Subcontractors
Answer 3 questions and get an instant estimate of your tax liability for 2021 (Federal and State)
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Are you curious about how freelancers’ taxes are calculated? Learn all about it here
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 are some pro tips to build a reliable financial ground floor for your freelance business.
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