1099 Tax Estimator, Georgia
Free 1099 tax estimator for US freelancers and independent contractors. Calculate your self-employment tax (15.3%), federal income tax, and quarterly payment schedule based on your 1099 income and filing status. 2024 tax year rates.
Georgia has a flat 5.75% state income tax rate for individuals, including freelancers and independent contractors. Combined with federal self-employment and income taxes, most Georgia 1099 workers should set aside 35–42% of net income.
Georgia requires quarterly estimated payments using Form 500-ES. The state also allows a standard deduction, which reduces your taxable income before applying the 5.75% rate.
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General calculator →Frequently Asked Questions, 1099 Tax Estimator in Georgia
How much should a Georgia 1099 contractor set aside for taxes?↓
Georgia freelancers should set aside roughly 35–42% of net income. This includes federal self-employment tax (15.3% on the first $160,200 of net earnings), federal income tax at your marginal rate, and Georgia's flat 5.75% state income tax. Higher-income contractors closer to the 32–35% federal bracket should save toward the upper end.
What is Georgia's state income tax rate for self-employed workers?↓
Georgia currently has a flat individual income tax rate of 5.75%, which applies to all taxable income including self-employment net earnings. Georgia previously had a graduated bracket system, but moved to the flat rate. The state is phasing the rate down further over coming years, check the Georgia Department of Revenue for the current year's rate.
When are Georgia estimated tax payments due for freelancers?↓
Georgia estimated tax payments (Form 500-ES) are due on April 15, June 15, September 15, and January 15, mirroring the federal schedule. You must make payments if you expect to owe more than $1,000 in Georgia income tax for the year. Underpayment penalties apply if you miss the thresholds.
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