Switching from QuickBooks? Explore your optionsLeaving QuickBooks? Bring your books over
BooksGPT
Sign inGet started

Texas self-employment tax 2026

With $68,000 of self-employment profit in Texas, a single filer owes about $9,608 in self-employment tax for 2026 and should set aside about $3,470 each quarter.

Updated ·By the BooksGPT team·2026 rates
Your business
$for 2026
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$54,11979.6%
Social Security$7,78711.5%
Medicare$1,8212.7%
Federal income tax$4,2736.3%
Income tax
$4,273
Total tax
$13,881
Each quarter
$3,470

Quarterly estimated payments for 2026

Apr 15, 2026Covers Jan 1 to Mar 31
$3,470
Jun 15, 2026Covers Apr 1 to May 31
$3,470
Sep 15, 2026Covers Jun 1 to Aug 31
$3,470
Jan 15, 2027Covers Sep 1 to Dec 31
$3,470

Equal amounts to set aside, not a bill.

Self-employment tax in Texas

Self-employment tax
15.3%
Wage base
$184,500
Extra Medicare
0.9%
Owed from
$400
Business income deduction
20%
Texas income tax
None

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 Texas tax self-employment income?
No. Texas has no income tax on wages or business income, so you owe only federal self-employment and income tax.
Sources
Checked Oct 29, 2026. Estimates for planning, not tax advice.

Nearby states

All states
OklahomaLouisianaNew MexicoArkansas

Know your real profit before each due date

BooksGPT keeps your books current, so your profit this year is one question away.

Get started