Free Self Employed Calculators

Calculate your optimal freelance hourly rate based on your income goal, billable hours, overhead costs, and desired profit margin.

Convert your freelance hourly rate to a day rate, or calculate the optimal day rate for consulting and contracting engagements.

Build an accurate freelance project quote accounting for estimated hours, complexity buffers, revision rounds, and expenses.

Calculate a fair monthly retainer rate with an appropriate discount for guaranteed recurring work.

Calculate a value-based project price by capturing a percentage of the ROI your work generates for the client.

Convert your employee salary to the freelance hourly rate you need to charge to match your current compensation. Accounts for SE tax, benefits, and unpaid vacation.

Estimate your self-employment tax (SE tax), federal income tax, and total tax bill as a freelancer or independent contractor.

Calculate your true freelance take-home pay after self-employment tax, income tax, business expenses, health insurance, and retirement contributions.

Calculate how much to pay in quarterly estimated taxes to avoid IRS underpayment penalties as a freelancer.

Add or remove VAT from freelance invoice amounts. Works for UK (20%), EU rates, and any custom VAT percentage.

Calculate your federal and state taxes on 1099 income. See your quarterly payment amounts, total tax burden, and estimated take-home pay as a 1099 contractor.

Calculate your freelance tax deductions and see how much you can save. Enter your home office, internet, software, equipment, and other expenses to estimate your deductible amount.

Calculate your freelance gross and net profit margin to understand how much of your revenue you actually keep.

Calculate how many billable hours per week you need to hit your income target after accounting for vacation, sick days, and admin time.

Calculate your freelance utilization rate — the percentage of working time spent on billable client work.

Calculate the minimum billable hours or revenue needed each month to cover all your freelance business costs.

Calculate the true profitability of a client relationship accounting for all hours spent — billable and non-billable.

Calculate the interest you can charge on overdue invoices under late payment law.

Calculate the total amount to put on your freelance invoice including VAT, discounts, and deposits already paid.

Calculate how large your emergency fund should be as a freelancer and how much more you need to save.

Calculate your current savings rate on irregular freelance income and see how much to set aside each month.

Calculate your maximum self-employed retirement contribution for SEP-IRA, Solo 401(k), or SIMPLE IRA.

Calculate the gross revenue you need to earn as a freelancer to hit your desired take-home pay after taxes and expenses.