Freelance Tax Calculator: Everything You Need to Know

Freelance Tax Calculator: Everything You Need to KnowA rate of 15.3% applies to all or any your self-employment net earnings. Net earnings are the monies you’ve got after deducting capital or stock, in other words, profit. The 15.3% rate may be a total of two. 9% Medicare tax and 12.4% Social Security tax on net earnings.