Tax Withholding Calculator
Estimate your tax liability and quarterly payments for 2025. For both W-2 employees and self-employed individuals.
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Select the option that best describes your situation.
Select the tax year you want to calculate for
Important Disclaimer
This calculator provides estimates based on the information you provide and current tax rates. Actual tax liability may vary based on your specific situation, additional deductions, credits, and other factors. This tool is for educational purposes and should not be considered tax advice.
Need personalized advice? Schedule an appointment with our team or contact us today.
Understanding Self-Employment Taxes
What Are Quarterly Estimated Taxes?
If you're self-employed or have income that isn't subject to withholding, you generally need to make quarterly estimated tax payments to the IRS throughout the year.
These payments cover both income tax and self-employment tax (Social Security and Medicare).
When Are Payments Due?
- Q1: April 15 (for income Jan 1 - Mar 31)
- Q2: June 16 (for income Apr 1 - May 31)
- Q3: September 15 (for income Jun 1 - Aug 31)
- Q4: January 15 (for income Sep 1 - Dec 31)
What Is Self-Employment Tax?
Self-employment tax is 15.3% of your net self-employment income, consisting of:
- • 12.4% for Social Security (up to $176,100 in 2025)
- • 2.9% for Medicare (no income limit)
The good news: You can deduct half of your self-employment tax when calculating your income tax.
How to Pay
You can make quarterly payments through:
- • IRS Direct Pay (free, online)
- • EFTPS (Electronic Federal Tax Payment System)
- • Credit/debit card (fees apply)
- • Check or money order with Form 1040-ES
Need Professional Tax Help?
Our experienced tax professionals can help you optimize your tax strategy and ensure compliance.