Tax Estimate Summary

Total Estimated Tax
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Federal + SE + State combined

Federal Income Tax
—

Self-Employment Tax
—

State Tax

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Effective Tax Rate

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Net Income After Tax

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Divide your annual tax liability into four equal payments

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Due April 15

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Due June 15

—

Due Sept 15

—

Due Jan 15

Gross revenue—

Business expenses—

Net business income—

SE tax base (92.35% of net)—

Self-employment tax (15.3%)—

SE tax deduction (50%)—

Standard deduction—

QBI deduction (20%)—

Federal taxable income—

Federal income tax—

State income tax—

Total tax liability—

Small Business Tax Estimator