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Maryland self-employment tax 2026

With $68,000 of self-employment profit in Maryland, a single filer owes about $9,608 in self-employment tax for 2026 and should set aside about $4,582 each quarter.

Updated ·By the BooksGPT team·2026 rates
Your business
$for 2026
% of taxable income
2.25% to 3.3%, every county and Baltimore City, on Maryland taxable income
Runs in your browser·2026 rates·What it leaves out
Self-employment tax · 2026
Quarterly payments
$9,608for the year
15.3% on 92.35% of your profit
Where your $68,000 of profit goes
You keep$49,67273.0%
Social Security$7,78711.5%
Medicare$1,8212.7%
Federal income tax$4,2736.3%
Maryland income tax$2,6363.9%
County income tax$1,8112.7%
Income tax
$8,720
Total tax
$18,328
Each quarter
$4,582

Quarterly estimated payments for 2026

Apr 15, 2026Covers Jan 1 to Mar 31
$4,582
Jun 15, 2026Covers Apr 1 to May 31
$4,582
Sep 15, 2026Covers Jun 1 to Aug 31
$4,582
Jan 15, 2027Covers Sep 1 to Dec 31
$4,582

Equal amounts to set aside, not a bill.

Self-employment tax in Maryland

Self-employment tax
15.3%
Wage base
$184,500
Extra Medicare
0.9%
Owed from
$400
Business income deduction
20%
Maryland income tax
2% to 6.5%

How we work it out

  1. 1
    Net earnings
    Your profit times 92.35%.
  2. 2
    Social Security
    12.4% on net earnings up to $184,500, less W-2 wages.
  3. 3
    Medicare
    2.9% on all net earnings, plus 0.9% over $200,000.
  4. 4
    Income tax
    After half your self-employment tax and the 20% business income deduction.
  5. 5
    Quarterly estimate
    Self-employment tax plus income tax on the profit, split in four.

Self-employment tax questions

How much self-employment tax do I owe on $68,000 of profit?
About $9,608 for 2026, made of $7,787 for Social Security and $1,821 for Medicare. Half of it, $4,804, comes off your income before income tax.
What is the self-employment tax rate for 2026?
15.3% on 92.35% of your net profit: 12.4% for Social Security on up to $184,500 and 2.9% for Medicare on all of it. Above $200,000 for single filers, another 0.9% Medicare applies.
When are 2026 estimated tax payments due?
Apr 15, 2026, Jun 15, 2026, Sep 15, 2026, and Jan 15, 2027. Each payment covers the months before it.
I also have a W-2 job. Does that change my self-employment tax?
Yes. Social Security stops at $184,500 of combined earnings, and your job's wages count first. Add your W-2 wages in the calculator to see the difference.
Does Maryland tax self-employment income?
Yes. Maryland taxes your profit as income at 2% to 6.5%.
Sources
Not final yet: maryland has not published its 2026 joint and head of household standard deduction; $6,850 follows its inflation rule.
Checked Oct 29, 2026. Estimates for planning, not tax advice.

Nearby states

All states
VirginiaDistrict of ColumbiaDelawarePennsylvaniaWest Virginia

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