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Self-Employment Tax Calculator (Tax Year 2012)

Use this calculator to estimate your self-employment taxes for 2012. Normally these taxes are withheld by your employer. However, if you are self-employed, operate a farm or are a church employee you may owe self-employment taxes. This calculator uses 2012 tax tables and should not be used for estimating 2011 self-employment taxes.

(Please note that the 2012 self-employment tax is 10.4% for the FICA portion and 2.9% Medicare. The FICA rate was reduced from 12.4% to 10.4% through the end of 2012. The FICA portion of the self-employment tax will return to 12.4% in 2013.)

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