Self-Employment Tax Calculator 2024
Calculate your 2024 self-employment tax including Social Security and Medicare contributions.
Self-Employment Income
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2024 Social Security wage base: $168,600
2024 Self-Employment Tax
Taxable SE Income (92.35%)$69,262.50
Social Security Tax (12.4%)$8,588.55
Medicare Tax (2.9%)$2,008.61
Total Self-Employment Tax$10,597.16
Deductible Portion (50%)$5,298.58