Freelance Financial Report
Input your annual income and expenses to instantly generate a beautiful, 1-page financial summary of your freelance business.
Your Financials
$
Total money collected from clients before any expenses.
$
Software, marketing, equipment, travel, etc.
Leave at 0 if you do not have a dedicated home office.
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Financial Report
Generated by Taxorly.com
Date Generated
5/1/2026
Tax Year
2026 Estimate
Gross Revenue
$100,000
Total Deductions
-$20,750
Net Business Income
$79,250
Tax Breakdown (Estimated)
| Self-Employment Tax (15.3%) | $11,198 |
| Federal Income Tax (Est. 12% Effective) | $5,319 |
| Total Estimated Tax Liability | -$16,516 |
Final Take-Home Pay
After all expenses and estimated taxes
$62,734
This report provides an estimate based on simplified tax rules for educational purposes.
Always consult a licensed CPA or tax professional before filing.
Always consult a licensed CPA or tax professional before filing.