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How much should you set aside for taxes?

When you're self-employed, no one withholds your taxes. You set them aside and pay quarterly. Doing it as you earn keeps each deadline from becoming a scramble and helps you avoid an underpayment penalty. Enter your profit and we'll estimate the quarterly set-aside: self-employment tax plus income tax. It's a rough guide, so confirm with your CPA.

Filing status
$5,572
Set aside each quarter
Apr · Jun · Sep · Jan
25%
That's of your profit
a simple rule: bank this share of every payment
$22,288
Tax for the year (est.)
$12,717 self-employment + $9,571 income

This covers self-employment tax plus federal income tax, on 2026 figures. Set it aside as you get paid and the deadlines stop being a surprise. It runs a little high on purpose (it leaves out the QBI deduction), so treat it as a safe ceiling. A rough estimate; confirm with your CPA, especially if you're an S-corp or have other household income.

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