Idaho Freelance & 1099 Tax Calculator
Calculate freelance and 1099 taxes in Idaho. See self-employment tax, federal income tax, and Idaho state tax up to 5.8%. Quarterly estimate included.
How This Calculator Works
Calculation methodology and assumptions
Freelance tax calculator for Idaho. Net self-employment income = gross income โ business expenses. Self-employment tax = 92.35% of net income ร 15.3% (12.4% Social Security up to $168,600 + 2.9% Medicare). Half of SE tax is deductible. Federal income tax uses 2026 brackets. Idaho income tax applies at rates up to 5.8%. Quarterly estimated taxes = total tax รท 4.
Key State Information
Idaho freelance facts: State income tax up to 5.8%. Median household income: $63,377 | COL index: 97.7. LLC filing fee: $100 | Annual fee: $0.
Frequently Asked Questions
How much tax do freelancers pay in Idaho?
Freelancers in Idaho pay self-employment tax (15.3% on net earnings), federal income tax (10-37%), and Idaho state income tax (up to 5.8%). On $75,000 net income, total tax is typically $18,000-$25,000 depending on deductions.
Do freelancers need to pay quarterly taxes in Idaho?
Yes. The IRS requires quarterly estimated tax payments if you expect to owe $1,000+ in annual tax. Idaho also requires quarterly state estimated tax payments. Due dates: April 15, June 15, September 15, January 15.
What business expenses can freelancers deduct in Idaho?
Common deductions include: home office (simplified: $5/sq ft up to 300 sq ft), internet/phone (business %), equipment, software, health insurance premiums, vehicle/mileage ($0.67/mile in 2024), professional development, and retirement contributions (SEP-IRA up to 25% of net earnings or Solo 401k up to $69,000).
Related Calculators
More Freelance & 1099 Tax Calculators
More Calculators for Idaho
Explore related financial tools with Idaho data