How it works
Each payment × your rate is the amount to move to a separate tax savings account the day it arrives. Totals are grouped by the IRS estimated-tax periods, which are not calendar quarters: why the periods are uneven. Not tax advice.
● Free tool · freelancers
Freelancer tax set-aside calculator
Enter the payments you've received this year and your set-aside rate. See how much to move to tax savings from each payment, and the total for each US estimated-tax period (the uneven ones).
✓ TestedSame arithmetic as the tested bookkeeping tracker · not tax advice
Set aside so far–
| Period (income earned) | Usually due | Set aside |
|---|
US estimated-tax periods are Jan–Mar, Apr–May, Jun–Aug and Sep–Dec. Due dates shift for weekends and holidays; check irs.gov. Not tax advice.