Tax guide

How much tax does an independent contractor pay?

As an independent contractor, you are considered self-employed for tax purposes. The amount you’ll owe for self-employment taxes depends on your net income, which is figured from your revenue and deductible business expenses.

To find out how much you must pay, gather as much information as you can on your business expenses, then use the IRS worksheet for independent contractors or our free Tax Calculator.

Sign Up

Still have questions?

You got it. We’re always here to help.

Here's what we found in our blog for file online with 1040.com:

Keeping You Safe with e-File

E-filing is the safest way to handle your taxes. Here's why.

Read

Help Before You File

Some common mistakes on income tax returns - and how to avoid them.

Read

4 Things to Know About Online Banking

Heard the online banking buzz? Though traditional banks have their strengths, let's see what this online bank trend has to offer.

Read

Help Before You File

Confused about e-filing your taxes? Speed up your return filing with these tax tips.

Read

How e-File Protects your Tax Refund

Filing your taxes online is actually the safest way to handle your tax return, according to the IRS. Here's why!

Read

What Do Clean Water and Online Taxes Have in Common?

Both 1040.com and Healing Waters International take the basics to the next level. Check out our video to see how.

Read

Calculate Your Health Care Costs

Use our handy online calculators to see what your costs will be - and what your costs will be for health insurance - and what your penalty might be if you don't have it.

Read

Doing Taxes A.D. (After Deadline)

Miss the deadline? File. File NOW.

Read

It’s not too good to be true. See what others are saying about filing taxes online with 1040.com