Freelance Income Calculator - Calculate Net Income After Fees & Taxes

Freelance Income Calculator

Calculate your net income after platform fees, taxes & project income

Enter Your Details
Upwork (10%)
Fiverr (20%)
Freelancer (10%)
Toptal (0%)
Hourly Rate ($)
Hours Per Week
Extra Monthly Project Income ($)
Platform Fee (%)
Estimated Tax (%)
Self-employment tax (15.3%) is typically included in your estimated tax rate
Your Income Breakdown
Monthly Income
$7,000
Platform Fee
-$700
Tax Amount
-$1,260
Net Income
$5,040
Hourly Rate $50.00
Hours/Week 30
Project Income $1,000
Platform Fee % 10%
Tax % 20%
Monthly Gross $7,000
Platform Fee $700
Tax Amount $1,260
Net Income $5,040
Weekly Average
$1,260
Daily Rate (8hrs)
$400
Hourly Net
$42.00
Annual Projected
$60,480
Platform Fees
Upwork (10%), Fiverr (20%), Freelancer (10%), Toptal (0%) and custom fees
Self-Employment Tax
Includes 15.3% self-employment tax + income tax in your estimated rate
Project Income
Add fixed project income to your hourly work for complete picture

Frequently Asked Questions

How do I calculate freelance income?
Multiply your hourly rate by hours per week by 4.33 (average weeks per month), add project income, then subtract platform fees and taxes.
What are typical platform fees?
Upwork: 10%, Fiverr: 20%, Freelancer: 10%, Toptal: 0%. Fees vary based on earnings and client history.
How much tax do freelancers pay?
Freelancers pay self-employment tax (15.3%) plus income tax. Total typically ranges from 20-35% depending on income bracket.
Should I charge hourly or project-based?
Both! Use hourly for ongoing work and project-based for fixed deliverables. This calculator handles both.
What's a good hourly rate for freelancers?
Entry: $20-40, Mid-level: $50-80, Senior: $90-150, Expert: $150+. Rates vary by industry and location.
Is this calculator really free?
100% free! No registration, no hidden costs. Use it for all your freelance income calculations.
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Freelance Income Calculator - Know Your True Earnings

Our Freelance Income Calculator PRO helps freelancers understand their true take-home pay after platform fees and taxes. Whether you're on Upwork, Fiverr, Freelancer, or working independently, this tool shows you exactly what you'll earn.

How it works: Enter your hourly rate, weekly hours, project income, platform fee %, and estimated tax %. The calculator instantly shows your monthly gross, platform fees, tax amount, and most importantly - your net income.

Perfect for: Freelancers, independent contractors, gig workers, consultants, and anyone who wants to understand their true earnings after deductions.