Freelance Project Tax Calculator
Calculate taxes and take-home pay for your freelance work
The Freelance Project Tax Calculator helps freelancers figure out what they should charge, what their tax burden is on a project, and what they get to take home.
Now freelancers can built taxes into their pricing and avoid unpleasant quarterly surprises.
Super easy to useCons:
The UI has room for improvement
Obviously, anything made in spreadsheets has a lot of room for UI improvement, but those struggles are all meaningless when you recognize the value of this calculator. As a freelancer, it's always unclear how much money you're actually taking home from a project and making sure you're not underpricing yourself. This is something that gets better over time as a freelancer, but in the mean time he/she is leaving money on the table, underpricing themselves, or, worst case scenario, losing money on projects. I'm super impressed by the ease of use and value of information.Emilie Burke has used this product for one month.
The tool really simple
Highly detailed breakdown of taxes
Does calculations for you based on locale
File type allows you to save for laterCons:
Even though it's early stage, would be nice to have an online tool or app
UI could be improved a bit
Sadly these can only be estimated taxes
This tool is super valuable. For being one of the first early stages of this product, you can get a lot out of it.
The breakdown is nice and it's been good to check this out and see a decent implimentation of this kind of calculator.
I'm looking forward to seeing how far this can be explored and developed.Darian Rosebrook has used this product for one week.
Gets you clarity on what you should expect to pay in taxes as a freelancer.Cons:
It's just a spreadsheet. Which presents some obvious UX issues.
In theory, this calculator is great. But in my opinion, you should be able to tinker around with it a bit before having to give your email address and it would definitely be better as a web app than as a spreadsheet. But all in good time, I'm sure. For now, it gets the job done. :)Preston D Lee has used this product for one day.
Very user-friendly and take a lot of the work and guessing out of self-employment taxesCons:
Perhaps, in time, more functions can be added since there are different layers to self-employment taxes and other variables.
I really enjoyed trying out the product and being able to assess how much I should save in taxes. Having already saved in the past, I had a general idea of what % I needed to save and after plugging in my numbers, Freelance Project Tax Calculator gave back almost the same exact number I had been told to save. It's right on the money (no pun intended) and I really enjoy its simplicity.Sarah DeGeorge has used this product for one week.
This is a huge value to freelancers, helping with a very stressful problem in a time saving wayCons:
It's a google sheet - obviously it's not perfect and doesn't have beautiful UI, but it does its job and does it well
The folks at Sail are doing great things for freelancers - pay attention to them!Jayna Lee Feeley Fey has used this product for one day.