YTD net income
$88,130
Revenue − expenses
Estimated tax owed
$26,880
30.5% effective rate
After-tax net
$61,250
Take-home projection
Quarterly remaining
$17,300
$14,200 paid YTD
Cumulative income vs. tax liability
Tax breakdown
- Self-employment$13,484
- Federal income$9,166
- State income$4,230
US-average rate assumptions
Self-employment tax
Medicare + Social Security
Federal income (effective)
After QBI deduction
State income (avg)
National average
QBI deduction (Sec. 199A)
Of qualified business income
QBI deduction applied: $17,626 · Taxable base after QBI: $70,504
Deductions tracked ($57,140)
Home office
Operations
Software & subscriptions
Operations
Vehicle / mileage
Travel
Meals & entertainment
Travel
Health insurance premiums
Benefits
Retirement (SEP-IRA)
Benefits
Contractors & wages
Labor
Equipment & depreciation
Operations
Quarterly estimated payments
Q1 (Apr 15)
Due Apr 15
Paid
Q2 (Jun 15)
Due Jun 15
Paid
Q3 (Sep 15)
Due Sep 15
Pending
Q4 (Jan 15)
Due Jan 15
Pending