Income Projection Tool

Project your annual income and plan your budget. Estimate your yearly earnings based on current income patterns.

Income Projection Tool

Project your annual income and plan your budget

Enter your average monthly income from all sources

Self-Employed Financial Tips

  • Self-employed workers pay 15.3% in self-employment tax (vs. 7.65% for W-2 employees)
  • Quarterly estimated tax payments are due: April 15, June 16, September 15, and January 15 (2025: April 15, June 16, September 15, January 15, 2026)
  • Track all business expenses - they reduce your taxable income and save you money
  • Keep detailed records of income from all sources (Uber, freelance, side gigs)
  • Consider opening a separate business bank account to track income and expenses easily
  • Set aside 25-30% of income for taxes to avoid surprises at tax time