Convert your desired annual salary into a profitable freelance hourly rate
Includes business expenses & taxes
Your Business Parameters
Currency:
Desired Annual Salary
$
What you want to earn per year (pre-tax take-home)
Billable Hours per Week
hrs
Hours you actually charge clients (not admin/marketing)
Business Expenses
%
Software, hardware, subscriptions, office, etc.
Self‑Employment Tax
Rate (%)
Social Security + Medicare (15.3% for 1099 workers)
Income Tax
Rate (%)
Federal + state income tax
Your Hourly Rate
$0.00
To hit your target
Weekly Gross
$0.00
At full billable hours
Yearly Gross
$0.00
Before deductions
Formula: Hourly Rate = Desired Salary ÷ Annual Billable Hours ÷ (1 − Expense% − Tax%). This ensures you keep your desired salary after expenses and taxes. Tax is applied sequentially (SE tax first, then income tax on remainder).
Rate Breakdown
Base hourly rate (salary ÷ hours)
—
Business expenses markup
—
Tax markup (SE + income)
—
Final hourly rate
—
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