Taxestimate1099.com calculates quarterly estimated tax payments for 1099 contractors, including both federal income tax and self-employment tax, updated for current-year rates — built for the freelancers and contractors who don't have an employer withholding taxes automatically.
Underpaying quarterly estimated taxes leads to IRS penalties that are entirely avoidable with the right number in hand ahead of each deadline. We built this so contractors can set aside the right amount from each payment instead of guessing and getting surprised in April.
This is not a substitute for a CPA on complex tax situations, but it's a solid estimate — part of the IndieOwner family of free finance tools from Officina Systems.
Questions or feedback about this tool? Reach us at hello@officinasystems.com.