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Business Depreciation Calculator

Calculate the annual depreciation deduction for a business asset using straight-line, double declining balance, or MACRS methods. Helpful at tax time or when budgeting asset replacement costs.

Asset Cost ($)

Salvage Value ($)

Useful Life (years)

Depreciation Method

Year to Calculate (year)

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Taxes

Self-Employment Tax Calculator

Calculate self-employment tax — the Social Security and Medicare contributions that self-employed people pay on net business earnings, equivalent to both the employee and employer share of FICA combined. Use it to estimate quarterly tax payments and plan for the SE tax liability that's often the biggest tax surprise for new freelancers and business owners.

Net Self-Employment Earnings ($)

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Key differences

	Business Depreciation Calculator	Self-Employment Tax Calculator
Category	Taxes	Taxes
Inputs required	5	1
Result	Annual Depreciation ($)	Self-Employment Tax ($)
What it does	Calculate the annual depreciation deduction for a business asset using straight-line, double declining balance, or MACRS methods. Helpful at tax time or when budgeting asset replacement costs.	Calculate self-employment tax — the Social Security and Medicare contributions that self-employed people pay on net business earnings, equivalent to both the employee and employer share of FICA combined. Use it to estimate quarterly tax payments and plan for the SE tax liability that's often the biggest tax surprise for new freelancers and business owners.