The Self-Employment Tax Calculator is an interactive tool designed to help freelancers, independent contractors, and self-employed individuals estimate their tax obligations. It calculates both the self-employment tax (Social Security and Medicare) and the estimated income tax based on the user’s net earnings. The tool is user-friendly, visually appealing, and provides a downloadable PDF summary of the calculations.

Key Features

1. Self-Employment Tax Calculation: Automatically calculates Social Security and Medicare taxes (15.3% of net earnings).

2. Income Tax Estimation: Estimates federal income tax based on the user’s tax bracket.

3. PDF Download: Generates a downloadable PDF summary of the calculations.

4. Interactive Inputs: User-friendly input fields for net earnings and deductions.

5. Colorful and Modern Design: Stylish and visually appealing interface.

6. Responsive Design: Works seamlessly on all devices (desktop, tablet, mobile).

7. Self-Contained: Ensures the tool stays within its container without interfering with the header or footer.

Use Cases

• Freelancers and independent contractors who need to estimate their quarterly tax payments.

• Self-employed individuals planning their annual tax liabilities.

• Small business owners managing their finances and tax obligations.

• Accountants and financial advisors assisting self-employed clients.

How It Works

1. The user enters their Net Earnings (income after expenses) and any applicable Deductions.

2. The tool calculates the Self-Employment Tax (15.3% of net earnings) and Estimated Income Tax.

3. The results are displayed in a clear, colorful layout.

4. The user can download a PDF summary of the calculations for their records.