Menu
Professional tax estimation for Small Businesses and Individuals. Calculate quarterly payments with confidence.
Disclaimer: This calculator provides estimates only. Tax laws are complex and change frequently. These calculations are based on current federal tax rates and should not be considered as professional tax advice. Consult with a qualified tax professional for personalized guidance.
This calculator is divided into two simple sections, so you only see what’s relevant to you.
Best for salaried employees, freelancers, and independent professionals.
Use this tab to:
Enter income and additional income
Compare standard vs itemized deductions
Add business expenses if you’re self-employed
See how much tax you may owe for the year
Get a quarterly tax payment estimate
Built for business owners who want clearer visibility into profits and taxes.
Use this tab to:
Enter annual business revenue
Add structured operating expenses
Include owner salary or draws
Estimate business tax liability
Plan quarterly tax payments confidently
Step 1: Add Income or Revenue
Enter your annual income or business revenue, along with any additional income.
Step 2: Select Deductions and Expenses
Choose between standard or itemized deductions, or add business expenses where applicable. The calculator helps you pick the option that works best for you.
Step 3: View Tax Summary
Instantly see:
Estimated annual federal tax
Effective tax rate
Net income after tax
Quarterly estimated tax payments
If your estimated tax due is above IRS thresholds, the calculator breaks your tax into four quarterly payments. This helps you:
Stay compliant
Avoid underpayment penalties
Plan cash flow better
Each quarter’s amount is clearly shown so you know what to expect.
Estimating taxes in advance helps you:
Avoid last-minute tax stress
Prepare for quarterly payments
Understand how income, deductions, and expenses affect tax
Make smarter financial decisions throughout the year
This calculator focuses on clarity and practical planning — not complex tax forms.
Use the calculator above to estimate your taxes in minutes.
Whether you’re filing as an individual or running a small business, this tool helps you plan ahead with confidence.
👉 Download the Manage Receipt app for free and manage your taxes hassle-free.
An estimated tax calculator helps you estimate how much federal tax you may owe for the year and how much to pay quarterly.
Individuals, freelancers, self-employed professionals, and small business owners in the United States.
No, this calculator focuses on U.S. federal taxes only.
If you expect to owe $1,000 or more in taxes, the IRS generally requires quarterly estimated payments.
The calculator provides estimates based on current tax rules. Actual tax liability may vary based on individual circumstances.
© 2025 Manage Receipt. All Rights Reserved.
