Tennessee Self-Employment Tax Calculator
Calculate your self-employment tax, federal income tax, and Tennessee state income tax as a freelancer or 1099 contractor. Tennessee has no state income tax on wages, salaries, or investment income.
Annual Tax Breakdown
Summary
Quarterly Estimated Payments
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.
Try the Full SimulatorTennessee Tax Overview for Freelancers
Tennessee has no state income tax on wages, salaries, or investment income. Tennessee fully eliminated its Hall tax on investment income in 2021. Self-employed individuals in Tennessee pay federal self-employment tax (15.3%) plus federal income tax, and no state income tax — giving Tennessee freelancers a significant advantage.
Self-Employment Taxes in Tennessee
If you work as a freelancer or independent contractor in Tennessee, your tax situation involves multiple layers: federal self-employment tax, federal income tax, and Tennessee state income tax. Understanding how each component works helps you plan your quarterly estimated payments and maximize your deductions.
Tennessee Income Tax for Freelancers
Tennessee has no state income tax on wages, salaries, or investment income. Tennessee fully eliminated its Hall tax on investment income in 2021.
Cost of Living for Freelancers in Tennessee
Tennessee's cost of living is about 7% below the national average, with Nashville growing more expensive. As a freelancer in Tennessee, 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 Tennessee Freelancers
- No state income tax on any income type — Tennessee is one of the most tax-friendly states
- Nashville's booming healthcare, music, and tech industries offer competitive salaries
- Tennessee has a relatively high sales tax (7%) — factor this into your cost of living
- Tennessee's no-tax status has attracted many corporate relocations and remote workers
Key Tennessee Tax Features
- No state income tax (any type)
- High sales tax (7%)
- Booming Nashville job market
- Major corporate relocations
Model Your Tennessee Freelance Finances Over Time
This calculator shows your Tennessee 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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