Piggy1099 Tax Calculator 2026
Estimate tax on 1099 / freelance profit — self-employment tax, 1099 vs W-2, quarterly 1040-ES and set-aside. Plan & set aside; PiggyMath does not e-file.
Tools below use 2026 figures. 2027 SE tax rates are statutory; the wage base is not official yet.
Start with the flagship tools
Freelancer Tax Calculator
Best all-in-one 1099 tax estimate: SE + federal + state + QBI + quarterly set-aside.
🧾Self-Employment Tax Calculator
How much SE tax on your 1099 net profit — 2026 wage base included.
📅Quarterly Estimated Tax Calculator
What to send each 1040-ES quarter.
💸Tax Set-Aside Calculator
What percent of each 1099 payment to park.
How much tax on 1099 income?
1099 income is generally self-employment income reported on Schedule C. After ordinary expenses, you pay self-employment tax (Social Security and Medicare) and income tax on taxable profit. There is no employer withholding — which is why a dedicated set-aside matters more than the form number on the slip.
| Question | This hub | Tool |
|---|---|---|
| How much SE tax on profit? | 15.3% on 92.35% of net profit; 2026 SS wage base $184,500 | SE tax calculator |
| SE + federal + state + QBI? | All-in-one estimate, then a quarterly set-aside | Freelancer Tax Calculator |
| What rate matches a salary? | Employer FICA + health + match ÷ billable hours — not salary ÷ 2,080 | 1099 vs W-2 |
| What should I charge? | Take-home, hours, expenses, tax set-aside | Freelance rate |
| When is it due? | 1040-ES dates — next: September 15, 2026 (Q3) | Quarterly deadlines |
| Which forms? | Schedule C, SE, 1040-ES, 1099-NEC / 1099-K | Tax forms |
For a banded federal starting point, see 2026 set-aside by income. First year? Read First 1099 taxes. Forms overview: Freelancer tax forms and the interactive filing prep checklist.
Flagship numbers (not a second calculator)
| Scenario | What this hub uses | Result |
|---|---|---|
| Single 1099, $73,000 net, no W-2 | Schedule SE on 92.35% of profit | SE tax $10,315 |
| Same person, W-2 $150,000 + $60,000 1099 profit | Wage-base room left: $34,500 | SE tax on the side work $5,934 |
| Q1+Q2 skipped, Q3 due Sep 15, 2026 | Three equal SE installments | $7,736 SE slice to catch up |
Line-by-line: three worked examples. First-year map: first 1099 taxes. Calendar: quarterly deadlines.
1099-NEC, 1099-K and W-2
Use platform and invoice records as the source of truth. A missing or late 1099 does not make income nontaxable; a 1099-K that reports gross before fees means you still deduct those fees on Schedule C.
| 1099-NEC | 1099-K | W-2 | |
|---|---|---|---|
| Who issues it | A client who paid $2,000+ for services in 2026 | A platform (PayPal, Stripe, Etsy…) at the reporting threshold | An employer |
| What it reports | Nonemployee compensation | Gross payments before fees, refunds, shipping | Wages with FICA already withheld |
| Your tax stack | Schedule C + SE tax + income tax | Same — don’t double-count overlapping slips | Employee FICA; no Schedule SE on those wages |
| Due / received | Client sends by January 31 | Platform sends by January 31 | Employer sends by January 31 |
Which slip arrives is explained on tax forms for freelancers.
1099 vs W-2 calculator — same work, different tax stack
People searching “w2 vs 1099 calculator” are usually comparing a salary offer to a contract rate. The 1099 side pays both halves of Social Security and Medicare (this hub’s SE tool), buys its own health cover, and bills fewer hours than a 2,080-hour job. The matching hourly rate is not salary ÷ 2,080. Run 1099 vs W-2 for the equivalent contract rate, then freelance hourly rate if you are pricing from take-home instead of from a job offer.
When the 1099 tax is due
The form does not set the due date. If you expect to owe $1,000 or more at filing, estimated payments follow quarterly tax deadlines — next federal installment for tax year 2026 is September 15, 2026 (Q3). Amounts come from the quarterly calculator or all-in-one estimator, not from the 1099 slip.
Frequently asked questions
How much tax do I pay on 1099 income?
Is a 1099 tax calculator the same as filing software?
Do I owe tax if I never received a 1099?
1099-NEC vs 1099-K — which do freelancers get?
Sources
Every formula on this page is checked against an independent implementation before publication. How we check our math →