🧑💼 Self-Employed FICA Tax Calculator
Accurate for 2025–2026 • Social Security + Medicare (incl. 0.9% surtax)
⚡ SE Tax deduction ready | Schedule SE
$
✔️ Use your net profit after business expenses (before SE tax deduction).
🛡️ Social Security (12.4% of first $176,100*):
$0.00
🏥 Medicare (2.9% of ALL net earnings):
$0.00
⚠️ Additional Medicare (0.9% on income > $200k):
$0.00
📌 TOTAL SELF-EMPLOYMENT TAX (FICA):
$0.00
*Social Security wage base for 2025-2026: $176,100 (indexed).
⚡ 50% of SE tax is deductible on your income tax return (above-the-line).
⚡ 50% of SE tax is deductible on your income tax return (above-the-line).
📘 How to use — self-employed FICA estimator
- Enter your net self-employment earnings (Schedule C line 31 profit). This is your business income minus ordinary expenses.
- Click “Calculate FICA Taxes” — the tool instantly applies the 15.3% combined rate, respects the Social Security wage cap, and adds the Additional Medicare surtax (0.9%) when earnings exceed $200,000.
- Review your total SE tax liability — important for quarterly estimated taxes, retirement planning, and deducting the employer‑equivalent portion on Form 1040.
- Use this for tax planning, freelance income, gig economy work, or side-hustle projections. Always consult a CPA for filing.
💡 High‑value tax insight: Self‑employed individuals can deduct 50% of their FICA tax when calculating adjusted gross income (AGI). This calculator helps maximize your small business tax savings and optimize retirement contributions.
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