At TaxesbyRoss, we provide expert tax preparation and planning services tailored to your unique financial situation. Whether you’re an individual filer, independent contractor, or business owner, we ensure accuracy, maximize deductions, and help you keep more of your hard-earned money.
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Set-Aside Calculator
Why Choose TaxesbyRoss?
1099 Tax Set-Aside Calculator (2025)
Results:
Self-Employment Tax (15.3%): 12.4% for Social Security (up to $160,200) + 2.9% for Medicare$0
Taxable Income After Deduction: Income after all deductions, used for federal tax$0
Federal Income Tax: Based on progressive tax brackets$0
Total Tax Owed: Self-Employment Tax + Federal Tax - Credits$0
Effective Tax Rate: Total tax as a % of gross income0%
Monthly Set-Aside: $0
Weekly Set-Aside: $0
Bi-Weekly Set-Aside: $0
1099 Tax Set-Aside Calculator (2025) (Advanced)
Results:
Self-Employment Tax (15.3%): 12.4% for Social Security (up to $160,200) + 2.9% for Medicare$0
Taxable Income After Deduction: Income after all deductions, used for federal tax$0
Federal Income Tax: Based on progressive tax brackets$0
State Tax: State-specific income tax based on your selection$0
Total Tax Owed: Self-Employment Tax + Federal Tax + State Tax - Credits$0
Effective Tax Rate: Total tax as a % of gross income0%
Monthly Set-Aside: $0
Weekly Set-Aside: $0
Bi-Weekly Set-Aside: $0
Enter your income and other details above, and we’ll show you a simple breakdown of how your taxes are calculated.
Enter your annual 1099 income, business expenses, deductions, credits, and state details. The calculator estimates your self-employment tax, federal tax, and state tax, then shows how much to set aside monthly, weekly, or bi-weekly to cover your tax bill. This tool is for planning only—consult a tax professional for your specific situation. ?
✅ Maximized Refunds – We find every deduction and credit available to you.
✅ Experienced & Reliable – Years of experience helping individuals and businesses navigate tax complexities.
✅ Personalized Service – Tailored solutions to fit your financial goals.
✅ Upfront Pricing – No hidden fees—just honest, transparent pricing.