What does your annual salary actually pay per hour? See daily, weekly, and monthly rates too.
TurboTax Self-Employed maximizes every deduction for freelancers and contractors. If you're considering going 1099, see our W-2 vs 1099 calculator first.
Calculate W-2 vs 1099 True Pay →| Scenario | Hours/Year | $50k Hourly | $75k Hourly | $100k Hourly |
| Standard (40hrs/50wks) | 2,000 | $25.00 | $37.50 | $50.00 |
| Full year (40hrs/52wks) | 2,080 | $24.04 | $36.06 | $48.08 |
| Part-time (30hrs/50wks) | 1,500 | $33.33 | $50.00 | $66.67 |
IRS rate: 70 cents/mile for 2026
SDE-based valuation for agencies & consultancies
Subs, Bits, donations & sponsorship taxes
Payoff date, total interest and refinance savings