Compare calculators
Both calculators run independently β change the inputs on either side to compare results.
Taxes
1099 Tax Calculator
Estimate federal taxes owed on freelance or contractor income reported on a 1099. Accounts for self-employment tax, W-2 income, business expenses, and withholdings to show your net tax liability.
Fill in the required fields to see your result.
Taxes
Tax Refund Calculator
Estimates your federal tax refund (or balance due) by subtracting your total tax liability from the federal income tax that has already been withheld from your paychecks during the year. A positive result is a refund; a negative result is the amount you owe the IRS by April 15.
Fill in the required fields to see your result.
Key differences
| 1099 Tax Calculator | Tax Refund Calculator | |
|---|---|---|
| Category | Taxes | Taxes |
| Inputs required | 5 | 2 |
| Result | Additional Tax Owed ($) | Refund Amount ($) |
| What it does | Estimate federal taxes owed on freelance or contractor income reported on a 1099. Accounts for self-employment tax, W-2 income, business expenses, and withholdings to show your net tax liability. | Estimates your federal tax refund (or balance due) by subtracting your total tax liability from the federal income tax that has already been withheld from your paychecks during the year. A positive result is a refund; a negative result is the amount you owe the IRS by April 15. |