Texas Self-Employment Tax Calculator
Texas has no state income tax on wages or business income. On top of that, every freelancer, gig worker, and 1099 contractor owes 15.3% federal self-employment tax on net profit. Enter your expected Texas net profit to see your full 2026 tax breakdown.
Take-home rate 79%
Take-home $59,505 Tax $15,495
Federal SE tax
Net earnings subject to SE tax (92.35%) $69,263
Social Security (12.4%) $8,589
Medicare (2.9%) $2,009
Total self-employment tax $10,597
Income tax
Half of SE tax deduction -$5,299
QBI deduction (20%) -$10,720
Federal income tax $4,898
Texas income tax (none) $0
Bottom line
Total estimated tax $15,495
Effective tax rate 20.7%
Estimated take-home pay $59,505
Running your business as an LLC in Texas?
Texas charges no required LLC filing fee. No-tax public information report for most LLCs; franchise tax only applies above $2.47M in annual revenue.
See the full Texas LLC tax calculator →