From gross revenue to money in your pocket
Gross revenue is not income you can spend. First come business expenses, which reduce your net profit. Then comes self-employment tax at 15.3% on 92.35% of that profit, then federal income tax after the standard deduction, and finally state tax if your state has one.
This calculator follows those steps using 2026 IRS figures. The state tax is a flat percentage you enter, applied to adjusted gross income, so treat it as a rough estimate. If your state has no income tax, leave it at zero.
Using the results
The effective tax rate shows total tax as a share of net profit. It is usually much lower than your top bracket because income is taxed progressively. Take-home per month helps you build a personal budget. Take-home per week is useful if you want to compare it to an hourly job.
If the take-home number is lower than you expected, try the hourly rate calculator to see what you would need to charge, or the deduction estimator to check you are claiming everything you are entitled to.
Example: what you keep from $100,000 of revenue
With $100,000 of revenue, $10,000 of business expenses and no state income tax, a single filer ends up with about $67,700 after federal tax, which is roughly $5,600 a month or $1,300 a week. Total tax in that example is about $22,300, an effective rate near 25% of net profit.
Use the monthly figure for personal budgeting and the weekly figure to compare gigs. Remember that your income may arrive unevenly, so budget from a conservative month, not your best one.