Estimated Tax worksheet

1. Estimated tax payment each quarter: $2,612.50

1. Find your self-employment tax: 15.3% of 92.35% of your net profit. The Social Security part stops at the yearly earnings cap

   $\text{SE tax}$$=\mathrm{\$8,477.73}$

2. Find your adjusted gross income (AGI): all your income minus half of the self-employment tax, which the IRS lets you subtract

   $\mathrm{\$60,000.00}-\mathrm{\$4,238.87}$$=\mathrm{\$55,761.14}$

3. Find your taxable income: AGI minus the 2026 standard deduction for married filing separately filers

   $\mathrm{\$55,761.14}-\mathrm{\$16,100.00}$$=\mathrm{\$39,661.14}$

4. Work out income tax from the 2026 rate brackets (your top rate is 12%)

   $\text{income tax}$$=\mathrm{\$4,511.34}$

5. Add up your total 2026 tax: income tax + self-employment tax

   $\mathrm{\$4,511.34}+\mathrm{\$8,477.73}$$=\mathrm{\$12,989.07}$

6. Safe harbor 1, a minimum that avoids the penalty: 90% of your 2026 tax

   $\mathrm{\$12,989.07}\times \mathrm{90\%}$$=\mathrm{\$11,690.16}$

7. Safe harbor 2: 110% of last year's (2025) tax (2025 AGI over $75,000.00). You only need to pay the smaller of the two

   $\mathrm{\$9,500.00}\times \mathrm{110\%}$$=\mathrm{\$10,450.00}$

8. Split it into 4 equal payments: the amount you need divided by 4

   $\frac{\mathrm{\$10,450.00}}{4}$$=\mathrm{\$2,612.50}$

2. Estimated tax payment each quarter: $1,805.19

1. Find your self-employment tax: 15.3% of 92.35% of your net profit. The Social Security part stops at the yearly earnings cap

   $\text{SE tax}$$=\mathrm{\$6,782.18}$

2. Find your adjusted gross income (AGI): all your income minus half of the self-employment tax, which the IRS lets you subtract

   $\mathrm{\$48,000.00}-\mathrm{\$3,391.09}$$=\mathrm{\$44,608.91}$

3. Find your taxable income: AGI minus the 2026 standard deduction for married filing jointly filers

   $\mathrm{\$44,608.91}-\mathrm{\$32,200.00}$$=\mathrm{\$12,408.91}$

4. Work out income tax from the 2026 rate brackets (your top rate is 10%)

   $\text{income tax}$$=\mathrm{\$1,240.89}$

5. Add up your total 2026 tax: income tax + self-employment tax

   $\mathrm{\$1,240.89}+\mathrm{\$6,782.18}$$=\mathrm{\$8,023.07}$

6. Safe harbor 1, a minimum that avoids the penalty: 90% of your 2026 tax

   $\mathrm{\$8,023.07}\times \mathrm{90\%}$$=\mathrm{\$7,220.77}$

7. Safe harbor 2: 100% of last year's (2025) tax. You only need to pay the smaller of the two

   $\mathrm{\$8,750.00}\times \mathrm{100\%}$$=\mathrm{\$8,750.00}$

8. Split it into 4 equal payments: the amount you need divided by 4

   $\frac{\mathrm{\$7,220.77}}{4}$$=\mathrm{\$1,805.19}$

3. Estimated tax payment each quarter: $2,250.00

1. Find your self-employment tax: 15.3% of 92.35% of your net profit. The Social Security part stops at the yearly earnings cap

   $\text{SE tax}$$=\mathrm{\$8,477.73}$

2. Find your adjusted gross income (AGI): all your income minus half of the self-employment tax, which the IRS lets you subtract

   $\mathrm{\$60,000.00}-\mathrm{\$4,238.87}$$=\mathrm{\$55,761.14}$

3. Find your taxable income: AGI minus the 2026 standard deduction for married filing jointly filers

   $\mathrm{\$55,761.14}-\mathrm{\$32,200.00}$$=\mathrm{\$23,561.14}$

4. Work out income tax from the 2026 rate brackets (your top rate is 10%)

   $\text{income tax}$$=\mathrm{\$2,356.11}$

5. Add up your total 2026 tax: income tax + self-employment tax

   $\mathrm{\$2,356.11}+\mathrm{\$8,477.73}$$=\mathrm{\$10,833.84}$

6. Safe harbor 1, a minimum that avoids the penalty: 90% of your 2026 tax

   $\mathrm{\$10,833.84}\times \mathrm{90\%}$$=\mathrm{\$9,750.46}$

7. Safe harbor 2: 100% of last year's (2025) tax. You only need to pay the smaller of the two

   $\mathrm{\$9,000.00}\times \mathrm{100\%}$$=\mathrm{\$9,000.00}$

8. Split it into 4 equal payments: the amount you need divided by 4

   $\frac{\mathrm{\$9,000.00}}{4}$$=\mathrm{\$2,250.00}$

4. Estimated tax payment each quarter: $1,647.09

1. Find your self-employment tax: 15.3% of 92.35% of your net profit. The Social Security part stops at the yearly earnings cap

   $\text{SE tax}$$=\mathrm{\$6,358.30}$

2. Find your adjusted gross income (AGI): all your income minus half of the self-employment tax, which the IRS lets you subtract

   $\mathrm{\$45,000.00}-\mathrm{\$3,179.15}$$=\mathrm{\$41,820.85}$

3. Find your taxable income: AGI minus the 2026 standard deduction for married filing jointly filers

   $\mathrm{\$41,820.85}-\mathrm{\$32,200.00}$$=\mathrm{\$9,620.85}$

4. Work out income tax from the 2026 rate brackets (your top rate is 10%)

   $\text{income tax}$$=\mathrm{\$962.09}$

5. Add up your total 2026 tax: income tax + self-employment tax

   $\mathrm{\$962.09}+\mathrm{\$6,358.30}$$=\mathrm{\$7,320.38}$

6. Safe harbor 1, a minimum that avoids the penalty: 90% of your 2026 tax

   $\mathrm{\$7,320.38}\times \mathrm{90\%}$$=\mathrm{\$6,588.34}$

7. Safe harbor 2: 100% of last year's (2025) tax. You only need to pay the smaller of the two

   $\mathrm{\$7,400.00}\times \mathrm{100\%}$$=\mathrm{\$7,400.00}$

8. Split it into 4 equal payments: the amount you need divided by 4

   $\frac{\mathrm{\$6,588.34}}{4}$$=\mathrm{\$1,647.09}$

5. Estimated tax payment each quarter: $2,922.54

1. Find your self-employment tax: 15.3% of 92.35% of your net profit. The Social Security part stops at the yearly earnings cap

   $\text{SE tax}$$=\mathrm{\$8,477.73}$

2. Find your adjusted gross income (AGI): all your income minus half of the self-employment tax, which the IRS lets you subtract

   $\mathrm{\$60,000.00}-\mathrm{\$4,238.87}$$=\mathrm{\$55,761.14}$

3. Find your taxable income: AGI minus the 2026 standard deduction for married filing separately filers

   $\mathrm{\$55,761.14}-\mathrm{\$16,100.00}$$=\mathrm{\$39,661.14}$

4. Work out income tax from the 2026 rate brackets (your top rate is 12%)

   $\text{income tax}$$=\mathrm{\$4,511.34}$

5. Add up your total 2026 tax: income tax + self-employment tax

   $\mathrm{\$4,511.34}+\mathrm{\$8,477.73}$$=\mathrm{\$12,989.07}$

6. Safe harbor 1, a minimum that avoids the penalty: 90% of your 2026 tax

   $\mathrm{\$12,989.07}\times \mathrm{90\%}$$=\mathrm{\$11,690.16}$

7. Safe harbor 2: 100% of last year's (2025) tax. You only need to pay the smaller of the two

   $\mathrm{\$13,000.00}\times \mathrm{100\%}$$=\mathrm{\$13,000.00}$

8. Split it into 4 equal payments: the amount you need divided by 4

   $\frac{\mathrm{\$11,690.16}}{4}$$=\mathrm{\$2,922.54}$

6. Estimated tax payment each quarter: $2,500.00

1. Find your self-employment tax: 15.3% of 92.35% of your net profit. The Social Security part stops at the yearly earnings cap

   $\text{SE tax}$$=\mathrm{\$11,303.64}$

2. Find your adjusted gross income (AGI): all your income minus half of the self-employment tax, which the IRS lets you subtract

   $\mathrm{\$80,000.00}-\mathrm{\$5,651.82}$$=\mathrm{\$74,348.18}$

3. Find your taxable income: AGI minus the 2026 standard deduction for married filing jointly filers

   $\mathrm{\$74,348.18}-\mathrm{\$32,200.00}$$=\mathrm{\$42,148.18}$

4. Work out income tax from the 2026 rate brackets (your top rate is 12%)

   $\text{income tax}$$=\mathrm{\$4,561.78}$

5. Add up your total 2026 tax: income tax + self-employment tax

   $\mathrm{\$4,561.78}+\mathrm{\$11,303.64}$$=\mathrm{\$15,865.42}$

6. Safe harbor 1, a minimum that avoids the penalty: 90% of your 2026 tax

   $\mathrm{\$15,865.42}\times \mathrm{90\%}$$=\mathrm{\$14,278.88}$

7. Safe harbor 2: 100% of last year's (2025) tax. You only need to pay the smaller of the two

   $\mathrm{\$10,000.00}\times \mathrm{100\%}$$=\mathrm{\$10,000.00}$

8. Split it into 4 equal payments: the amount you need divided by 4

   $\frac{\mathrm{\$10,000.00}}{4}$$=\mathrm{\$2,500.00}$

7. Estimated tax payment each quarter: $2,437.61

1. Find your self-employment tax: 15.3% of 92.35% of your net profit. The Social Security part stops at the yearly earnings cap

   $\text{SE tax}$$=\mathrm{\$8,477.73}$

2. Find your adjusted gross income (AGI): all your income minus half of the self-employment tax, which the IRS lets you subtract

   $\mathrm{\$60,000.00}-\mathrm{\$4,238.87}$$=\mathrm{\$55,761.14}$

3. Find your taxable income: AGI minus the 2026 standard deduction for married filing jointly filers

   $\mathrm{\$55,761.14}-\mathrm{\$32,200.00}$$=\mathrm{\$23,561.14}$

4. Work out income tax from the 2026 rate brackets (your top rate is 10%)

   $\text{income tax}$$=\mathrm{\$2,356.11}$

5. Add up your total 2026 tax: income tax + self-employment tax

   $\mathrm{\$2,356.11}+\mathrm{\$8,477.73}$$=\mathrm{\$10,833.84}$

6. Safe harbor 1, a minimum that avoids the penalty: 90% of your 2026 tax

   $\mathrm{\$10,833.84}\times \mathrm{90\%}$$=\mathrm{\$9,750.46}$

7. Safe harbor 2: 100% of last year's (2025) tax. You only need to pay the smaller of the two

   $\mathrm{\$10,000.00}\times \mathrm{100\%}$$=\mathrm{\$10,000.00}$

8. Split it into 4 equal payments: the amount you need divided by 4

   $\frac{\mathrm{\$9,750.46}}{4}$$=\mathrm{\$2,437.61}$

8. Estimated tax payment each quarter: $1,500.00

1. Find your self-employment tax: 15.3% of 92.35% of your net profit. The Social Security part stops at the yearly earnings cap

   $\text{SE tax}$$=\mathrm{\$8,477.73}$

2. Find your adjusted gross income (AGI): all your income minus half of the self-employment tax, which the IRS lets you subtract

   $\mathrm{\$60,000.00}-\mathrm{\$4,238.87}$$=\mathrm{\$55,761.14}$

3. Find your taxable income: AGI minus the 2026 standard deduction for single filers

   $\mathrm{\$55,761.14}-\mathrm{\$16,100.00}$$=\mathrm{\$39,661.14}$

4. Work out income tax from the 2026 rate brackets (your top rate is 12%)

   $\text{income tax}$$=\mathrm{\$4,511.34}$

5. Add up your total 2026 tax: income tax + self-employment tax

   $\mathrm{\$4,511.34}+\mathrm{\$8,477.73}$$=\mathrm{\$12,989.07}$

6. Safe harbor 1, a minimum that avoids the penalty: 90% of your 2026 tax

   $\mathrm{\$12,989.07}\times \mathrm{90\%}$$=\mathrm{\$11,690.16}$

7. Safe harbor 2: 100% of last year's (2025) tax. You only need to pay the smaller of the two

   $\mathrm{\$6,000.00}\times \mathrm{100\%}$$=\mathrm{\$6,000.00}$

8. Split it into 4 equal payments: the amount you need divided by 4

   $\frac{\mathrm{\$6,000.00}}{4}$$=\mathrm{\$1,500.00}$

9. Estimated tax payment each quarter: $1,925.00

1. Find your self-employment tax: 15.3% of 92.35% of your net profit. The Social Security part stops at the yearly earnings cap

   $\text{SE tax}$$=\mathrm{\$10,597.16}$

2. Find your adjusted gross income (AGI): all your income minus half of the self-employment tax, which the IRS lets you subtract

   $\mathrm{\$75,000.00}-\mathrm{\$5,298.58}$$=\mathrm{\$69,701.42}$

3. Find your taxable income: AGI minus the 2026 standard deduction for single filers

   $\mathrm{\$69,701.42}-\mathrm{\$16,100.00}$$=\mathrm{\$53,601.42}$

4. Work out income tax from the 2026 rate brackets (your top rate is 22%)

   $\text{income tax}$$=\mathrm{\$6,504.31}$

5. Add up your total 2026 tax: income tax + self-employment tax

   $\mathrm{\$6,504.31}+\mathrm{\$10,597.16}$$=\mathrm{\$17,101.47}$

6. Safe harbor 1, a minimum that avoids the penalty: 90% of your 2026 tax

   $\mathrm{\$17,101.47}\times \mathrm{90\%}$$=\mathrm{\$15,391.33}$

7. Safe harbor 2: 100% of last year's (2025) tax. You only need to pay the smaller of the two

   $\mathrm{\$7,700.00}\times \mathrm{100\%}$$=\mathrm{\$7,700.00}$

8. Split it into 4 equal payments: the amount you need divided by 4

   $\frac{\mathrm{\$7,700.00}}{4}$$=\mathrm{\$1,925.00}$

10. Estimated tax payment each quarter: $1,500.00

1. Find your self-employment tax: 15.3% of 92.35% of your net profit. The Social Security part stops at the yearly earnings cap

   $\text{SE tax}$$=\mathrm{\$9,890.69}$

2. Find your adjusted gross income (AGI): all your income minus half of the self-employment tax, which the IRS lets you subtract

   $\mathrm{\$70,000.00}-\mathrm{\$4,945.34}$$=\mathrm{\$65,054.66}$

3. Find your taxable income: AGI minus the 2026 standard deduction for single filers

   $\mathrm{\$65,054.66}-\mathrm{\$16,100.00}$$=\mathrm{\$48,954.66}$

4. Work out income tax from the 2026 rate brackets (your top rate is 12%)

   $\text{income tax}$$=\mathrm{\$5,626.56}$

5. Add up your total 2026 tax: income tax + self-employment tax

   $\mathrm{\$5,626.56}+\mathrm{\$9,890.69}$$=\mathrm{\$15,517.24}$

6. Safe harbor 1, a minimum that avoids the penalty: 90% of your 2026 tax

   $\mathrm{\$15,517.24}\times \mathrm{90\%}$$=\mathrm{\$13,965.52}$

7. Safe harbor 2: 100% of last year's (2025) tax. You only need to pay the smaller of the two

   $\mathrm{\$6,000.00}\times \mathrm{100\%}$$=\mathrm{\$6,000.00}$

8. Split it into 4 equal payments: the amount you need divided by 4

   $\frac{\mathrm{\$6,000.00}}{4}$$=\mathrm{\$1,500.00}$