Tax Calculator for Freelance Writers

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)

sit

State Income Tax

Tax Deductions for Writers

Don’t forget these common tax deductions for writers, editors, and bloggers.

Magazine Subscriptions

You need to stay on top of what’s happening! Deduct your subscriptions to news outlets and magazines.

Printer Ink

You like a hard copy for your final proof? Write off your cartridges (black and color!)

Internet Services

In 2021, research = internet. Your internet service and cellphone bill are necessary business expenses.

Lili’s Guide to Becoming a Freelance Writer

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.