Self Employment Tax Calculator
Self Employment Tax: a planned Super Calculator tool. Covers net business profit (USD) and w-2 wages already earned (USD). Stub page. Not published yet.
Self Employment Tax Calculator is a planned calculator in the tax section of Super Calculator, covering income tax.
What this calculator will compute
Inputs: net business profit (USD), W-2 wages already earned (USD) and filing status.
Outputs: self employment tax (USD), deductible half (USD) and quarterly estimated payment (USD).
Formula, recorded as scope and not yet verified against a primary source: Net earnings from self employment equal 92.35% of net profit, to which the combined 15.3% SECA rate applies subject to the Social Security wage base, with one half of the resulting tax deductible against income tax. The 92.35% factor is the employer share adjustment and is routinely omitted.
Status
This page is a stub. The calculator is not built, no figure on this page has been verified against the authority that sets it, and nothing here should be used to make a decision. The page exists so that the site structure is complete and so that articles can link this concept on first mention.
The stub carries noindex, nofollow and is excluded from the sitemap.