T
1099 Income Calculator
Estimate net self-employment income, taxable amount and monthly set-aside for freelancers and contractors.

1099 income entries

Estimated result
Quick planning estimate for 1099 contractor income.
Gross 1099 income$10,000.00
Deductible expenses-$1,400.00
Net taxable income$8,600.00
Federal estimate$1,032.00
State estimate$430.00
Self-employment estimate$1,315.80
Estimated total taxes$2,777.80
Suggested monthly reserve: $231.48

This calculator is for planning only and not tax advice. Real tax liability depends on filing status, credits and local rules.

How this 1099 Income Calculator helps

Freelancers can quickly estimate net income and tax reserve targets before quarterly deadlines, helping avoid cash-flow stress.

Independent contractors often receive income from multiple clients, so this page helps combine entries in one place.

By estimating taxes early, you can plan monthly reserves instead of facing large surprise payments.

  • Add multiple 1099 income sources
  • Apply deductible expenses and tax rates
  • See estimated taxes and monthly reserve instantly
View all in category

Recently used tools

Quickly return to your latest tools and continue where you left off.

Invoice Generator

Document & Legal Generators

Proforma Invoice Generator

Document & Legal Generators

Receipt Generator

Document & Legal Generators

Quote Generator

Document & Legal Generators

Before you use this tool

Turnaa calculators and generators are built to help you prepare drafts and estimates faster. They are intended for informational use and workflow support, not as legal, financial, tax or accounting advice.

Useful notes

  • Always review generated outputs before sharing, signing or filing.
  • Tax and legal rules can vary by country, state and business type.
  • Use official advisors and authorities for final compliance decisions.

Legal disclaimer

  • No attorney-client, tax advisor or fiduciary relationship is created.
  • Outputs may contain errors and should be independently validated.
  • Turnaa is not liable for decisions made solely using generated drafts.