Enter your income and deductible expenses and see how much to set aside for taxes per quarter, per invoice and per month. A planning estimate so you are never caught short at the end of the year. Runs in your browser, nothing uploaded.
The most common freelance money mistake is not setting aside tax as you earn it. By the time the bill arrives — a quarterly estimated payment, or a year-end filing — the money has already been spent. The fix is a simple habit: every time income arrives, a percentage goes into a separate pot. This estimator tells you what percentage to use.
Enter your expected annual income and any deductible expenses. The estimator shows you an estimated taxable income, a rough total tax, and — most practically — how much to set aside per quarter, per invoice and each month. It is a budget, not a tax return. Use it to build the habit; use a professional to file accurately.
Gross income minus your deductible expenses — the base the tax is calculated on.
The amount to put away four times a year so you have it when the bill arrives.
The percentage to reserve every time a client pays you.
A monthly savings goal to spread the set-aside evenly across the year.
Log actual income each month and see your running YTD set-aside requirement.
Zero network requests. Your income figures never leave your browser.
The estimator works best when you know your actual income and expenses. Use CashFlow to track both in real time — the tax set-aside feature there works alongside this estimator for a complete money picture. All free, all offline.
Know what percentage to park every time a client pays. Free, no account, nothing uploaded.