1099 tax calculator for freelancers: what to set aside and pay quarterly.
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The 1099 tax calculator for freelancers, contractors, and gig workers: know how much estimated tax to set aside from every payment, and what quarterly tax to pay the IRS.
Self-employed? No one is taking taxes out for you. Holdback works out the share of every payment you should move to a tax savings account, and the four quarterly estimated payments to send the IRS, then reminds you before each deadline.
HOW IT WORKS
• Set your filing status, state, and roughly what you expect to earn.
• Log each payment as you get paid. Holdback tells you the dollar amount to set aside, rounded up so you're never short.
• See your running total, your effective rate, and what's due next quarter.
WHAT IT COVERS
• Federal self-employment tax and income tax, the standard deduction, and a conservative QBI deduction
• The "No Tax on Tips" and "No Tax on Overtime" deductions, with a daily tip log and a year-end statement to back them up
• State income tax for most states (flat and graduated)
• Safe-harbor math so you can pay the smaller allowed amount
• A year-end summary you can hand to your accountant
BUILT TO RESPECT YOUR DATA
• Your income stays on your device. Cloud backup is optional.
• No bank connections. No ads. No selling your data.
Free: your set-aside rate, the quarterly plan, and the tax calculator.
Holdback Plus (subscription or one-time lifetime unlock): payment tracking, a tip log, deadline reminders, year-end export, and encrypted backup.
OFFICIAL SOURCES
Holdback follows published IRS rules. Check the originals:
• Estimated taxes: https://www.irs.gov/businesses/small-businesses-self-employed/estimated-taxes
• Form 1040-ES: https://www.irs.gov/forms-pubs/about-form-1040-es
• Publication 505: https://www.irs.gov/publications/p505
• Self-employment tax: https://www.irs.gov/businesses/small-businesses-self-employed/self-employment-tax-social-security-and-medicare-taxes
• Tips and overtime deductions: https://www.irs.gov/newsroom/one-big-beautiful-bill-provisions
• State tax agencies: https://www.usa.gov/state-taxes
Holdback is an independent app from Petalform LLC. It is not affiliated with, endorsed by, or acting for the IRS or any government agency. It gives estimates, not tax advice, and never files returns. Always confirm with a tax professional.
Terms of Use: https://ankit013002.github.io/holdback-support/terms/
Privacy Policy: https://ankit013002.github.io/holdback-support/privacy/