Virginia Self-Employment Tax Calculator
Calculate your self-employment tax, federal income tax, and Virginia state income tax as a freelancer or 1099 contractor. Virginia has a progressive income tax with rates from 2% to 5.
Annual Tax Breakdown
Summary
Quarterly Estimated Payments
Tax Breakdown
See your complete freelancer financial picture
Your estimated quarterly tax payment is $5,297. Model your freelance income alongside expenses, savings, and investments in the full simulator.
Try the Full SimulatorVirginia Tax Overview for Freelancers
Virginia has a progressive income tax with rates from 2% to 5.75%. The top rate kicks in at just $17,000, making it effectively a flat tax for most workers. Self-employed individuals in Virginia pay federal self-employment tax (15.3%) plus federal income tax, and Virginia state income tax on their net self-employment earnings.
Self-Employment Taxes in Virginia
If you work as a freelancer or independent contractor in Virginia, your tax situation involves multiple layers: federal self-employment tax, federal income tax, and Virginia state income tax. Understanding how each component works helps you plan your quarterly estimated payments and maximize your deductions.
Virginia Income Tax for Freelancers
Virginia has a progressive income tax with rates from 2% to 5.75%. The top rate kicks in at just $17,000, making it effectively a flat tax for most workers.
Cost of Living for Freelancers in Virginia
Virginia's cost of living is about 3% above the national average, with Northern Virginia being 30%+ above average. As a freelancer in Virginia, 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 Virginia Freelancers
- Virginia's top rate applies at just $17,000 — most workers effectively pay a flat 5.75%
- Northern Virginia's proximity to D.C. offers some of the highest salaries in the country
- Virginia does not tax Social Security benefits
- Virginia's diverse economy spans government, defense, tech, and agriculture
Key Virginia Tax Features
- Progressive but effectively flat 5.75% for most
- Northern Virginia high-salary job market
- No tax on Social Security
- Diverse economy
Model Your Virginia Freelance Finances Over Time
This calculator shows your Virginia tax bill. Trajectoryy's full simulator models your freelance income alongside expenses, savings, investments, and more — month by month for years into the future.
Start Simulating for Free