Federal withholding, FICA, self-employment tax, state tax, W-4, and 1099 vs W-2 calculators.
Calculate federal income tax withholding based on your salary, filing status, and W-4 allowances.
Calculate your Social Security and Medicare tax (FICA) contributions for the year.
Calculate self-employment tax (SE tax) including the deductible portion for independent contractors and freelancers.
Estimate the optimal W-4 settings to avoid owing taxes or getting too large a refund.
Estimate state income tax using a flat rate approximation for any US state.
Calculate the total payroll tax burden for both employee and employer combined.
See which federal tax bracket you fall in and how much tax you owe at each bracket level.
Compare the take-home pay and total tax burden of being an independent contractor (1099) versus a W-2 employee.