
INCOME & FREELANCING
How much to set aside for taxes when you're self-employed
How much to set aside for taxes when you're self-employed in the US: about 20% to 25% of your profit for federal tax, plus your state's income tax. A single filer with $60,000 of profit in 2026 owes about $12,000, or 20%. Move it out every time a client pays, not in April.
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