Freelance Tax Deductions Calculator
Toggle common business deductions and see exactly how much each one saves you in taxes. Based on real tax math for self-employed workers.
Your total self-employed income
$
Business Deductions
⚠️ Estimates only. Tax rates updated for 2026. Consult a CPA for advice specific to your situation.
Total Tax Savings
$0
From $0 in deductions
Tax Without Deductions
$48,065
Tax With Deductions
$48,065
Your effective savings rate
0.0%
For every $100 in business deductions, you save $0 in taxes.
Why deductions matter: Business expenses reduce your taxable income, which means you pay less in self-employment tax, federal income tax, and state income tax. Your savings rate of 0.0% reflects your combined marginal tax bracket (SE + federal + state).
Keep records: The IRS requires documentation for all deductions. Save receipts, invoices, and maintain a mileage log for business travel.