1099-NEC & 1099-KTax Years 2025 & 2026 Supported

1099 Contractor Tax Calculator

Estimate total federal taxes, self-employment liabilities, and recommended savings set-asides on freelance, consulting, and contract revenue.

1099 Contractor Earnings & Expenses

For 1099-NEC, 1099-K, and freelance contract gross receipts.

$

Sum of 1099-NEC box 1 and 1099-K client payments

Contractor Expense Categories (Schedule C)
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Laptops, monitors, tools, office supplies

$

Cloud hosting, SaaS subscriptions, domain names

$

Dedicated workspace utilities, client travel, rideshare

$

Professional licenses, advertising, payment processing fees

Standard Deduction (2025):$15,750.00

Your business expenses reduce Schedule C net income. Then, the federal standard deduction further reduces your taxable ordinary income.