FC Financial Confidence
Home / Tools / Self Employment Income and Tax Reserve Planner
Free Beta

Self Employment Income and Tax Reserve Planner

See what you'll actually keep after business expenses, self-employment tax, income tax, and the benefits you fund yourself, plus your effective hourly earnings and the revenue you need to break even.

Checking access…
We found saved progress on this device from a previous visit.

Before You Begin

  • This tool produces an educational estimate, not a filed tax return or a substitute for personalized advice. It covers a single Schedule C-style business (sole proprietor / single-member LLC) — S corporations, partnerships, and multiple businesses aren't modeled.
  • The Qualified Business Income (QBI) deduction isn't included, so your actual federal tax may be lower than shown here.
  • This isn't personalized tax, legal, or accounting advice. For a final number, confirm with current IRS Schedule SE and Form 1040-ES instructions, or a tax professional.
  • Everything you enter stays in your own browser on this device. We don't send it to a server or store it on our end. Closing your browser's site data, or using "Clear my data" below, permanently deletes it.

1Business Profile

2Revenue

Enter a typical month, plus a low and strong month, so we can show you a range instead of one number.

$
$
$

3Business Expenses

Only enter deductible business expenses. A mixed personal/business cost needs a defensible business-use percentage first — never enter the full amount as fully deductible.

$
$

4Working Time

5Household Tax Details

$
$
$
$
$

6Benefits & Cash Flow

$
$
$
$

7Salary Comparison (Optional)

This tool provides general educational estimates built from current IRS figures. It is not personalized tax, legal, or accounting advice, and it does not replace Schedule SE, Form 1040-ES, or a qualified tax professional. Read our full disclaimer →

Your Results

Fill in what you have above, then select "See My Income & Tax Plan" to see your results.