Tax Calculator for Freelance Artists

Answer 3 questions and get an instant estimate of your tax liability for 2021 (Federal and State)

Let us do the math for you!

Are you curious about how freelancers’ taxes are calculated? Learn all about it here

Estimated Income

$

$10,000

$300,000

Estimated Expenses

$

$0

$300,000

With a taxable income of

Income

in

State

,

your total estimated tax liability for 2021 is

Taxes

Taxes

Pie Chart

set

Self-Employment Tax (Federal)

it

Income Tax (Federal)

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State Income Tax

Tax Deductions for Artists

Don’t forget about these common tax deductions for artists and graphic designers.

Entertainment

You need to stay on top of what’s happening! Deduct your subscriptions to magazines and streamers, tickets…

Home Studio

The surface occupied by your art studio likely qualifies as a home office deduction.

Cellphone Bills

Receiving orders, schedule your auditions, finding your way to a venue… Your phone is key in your artistic journey.

Lili’s Guide to Becoming a Freelance Artist

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.