How This Calculator Works
Unlike W-2 employees where the employer pays half of FICA, self-employed individuals pay both employee and employer portions.
SE Tax Formula
SE Tax = Net Earnings × 92.35% × 15.3% (Social Security 12.4% + Medicare 2.9%)
- Retirement & 401(k) Calculator The Complete 401(k) and Retirement Planning Blueprint: How Compou... Oct 26, 2026
- Budget Calculator (50/30/20) The 50/30/20 Rule in High-Inflation Economies: Adapting the Class... Nov 5, 2026
- Interest Rate Tracker Central Bank Interest Rates Explained: How Monetary Policy Shifts... Oct 26, 2026