Florida Self-Employment Tax Calculator

Calculate your self-employment tax, federal income tax, and Florida state income tax as a freelancer or 1099 contractor. Florida has no state income tax, making it one of the most tax-friendly states for workers.

Annual Tax Breakdown

1099 Income
$85,000
Business Expenses
-$10,000
Net Profit
$75,000
Net Earnings (92.35%)(SE tax base)
$69,263
Social Security (12.4%)
-$8,589
Medicare (2.9%+)
-$2,009
Total SE Tax
-$10,597
SE Deduction (50%)(reduces income tax)
$5,299
Federal Income Tax
-$6,794
State Income Tax
-$0
Total Tax Owed
$17,391

Summary

Total Income
$75,000
Total Taxes
-$17,391
After-Tax Income
$57,609
Effective Tax Rate(on total income)
23.2%

Quarterly Estimated Payments

Q1 (Jan-Mar)Due April 15
$4,348
Q2 (Apr-May)Due June 15
$4,348
Q3 (Jun-Aug)Due September 15
$4,348
Q4 (Sep-Dec)Due January 15 (next year)
$4,348
Each Quarterly Payment
$4,348

Tax Breakdown

See your complete freelancer financial picture

Your estimated quarterly tax payment is $4,348. Model your freelance income alongside expenses, savings, and investments in the full simulator.

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Florida Tax Overview for Freelancers

Florida has no state income tax, making it one of the most tax-friendly states for workers. Combined with no estate tax, Florida is especially popular for high earners and retirees. Self-employed individuals in Florida pay federal self-employment tax (15.3%) plus federal income tax, and no state income tax — giving Florida freelancers a significant advantage.

No state income taxNo state estate tax6% sales taxPopular for remote workers and retirees

Self-Employment Taxes in Florida

If you work as a freelancer or independent contractor in Florida, your tax situation involves multiple layers: federal self-employment tax, federal income tax, and Florida state income tax. Understanding how each component works helps you plan your quarterly estimated payments and maximize your deductions.

Florida Income Tax for Freelancers

Florida has no state income tax, making it one of the most tax-friendly states for workers. Combined with no estate tax, Florida is especially popular for high earners and retirees.

Cost of Living for Freelancers in Florida

Florida's cost of living is roughly at the national average, though South Florida and coastal areas are significantly more expensive. As a freelancer in Florida, your effective earnings depend not just on your tax rate but also on what your after-tax income can buy. Consider local costs for housing, coworking spaces, and daily expenses when setting your rates.

Financial Tips for Florida Freelancers

  • With no state income tax, Florida workers keep significantly more of their paycheck
  • Florida's lack of state income tax makes it attractive for remote workers earning high salaries
  • No state estate tax provides additional long-term financial benefits
  • While there is no income tax, Florida has a 6% sales tax — factor this into your cost of living

Key Florida Tax Features

  • No state income tax
  • No state estate tax
  • 6% sales tax
  • Popular for remote workers and retirees

Model Your Florida Freelance Finances Over Time

This calculator shows your Florida tax bill. Trajectoryy's full simulator models your freelance income alongside expenses, savings, investments, and more — month by month for years into the future.

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Frequently Asked Questions

How is self-employment tax calculated in Florida?
Florida has no state income tax, so self-employed workers in Florida only pay federal self-employment tax (15.3% on 92.35% of net earnings) and federal income tax. This makes Florida one of the most favorable states for freelancers and 1099 contractors.
How much will I owe in quarterly taxes as a freelancer in Florida?
Your quarterly estimated tax payment in Florida depends on your total tax liability — including SE tax, federal income tax, and no state income tax (since Florida has none). Use the calculator above to estimate your quarterly payments. As a general rule, freelancers should set aside 25-35% of their net income for taxes.
What business deductions are available for Florida freelancers?
Freelancers in Florida can deduct the same federal business expenses as in any state: home office, equipment, software, health insurance, vehicle expenses, and more. Since Florida has no state income tax, deductions only reduce your federal tax liability.
Does Florida have any special taxes for self-employed workers?
No. Florida has no state income tax and no additional self-employment taxes. You only need to worry about federal self-employment tax and federal income tax.
Should I form an LLC or S-Corp as a freelancer in Florida?
The decision to form an LLC or S-Corp in Florida depends on your income level. Generally, if your net self-employment income exceeds $50,000-$60,000, an S-Corp election may save you money by allowing you to pay yourself a reasonable salary (subject to FICA/Medicare) while taking the rest as distributions (not subject to SE tax). Consult a Florida tax professional for advice specific to your situation.

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