Freelance Income Projection Calculator
Project your freelance income without complex invoicing systems. Calculate potential earnings based on hourly rates, project estimates, and work capacity planning.
Understanding Freelance Income Projection
This calculator helps freelancers project their annual income based on different work structures and financial considerations. It accounts for business expenses and taxes to give you a realistic view of your potential earnings.
Project Types
Choose between hourly work (paid by the hour), fixed projects (flat fee per project), or a mixed approach. Each has different income calculation methods and considerations for capacity planning.
Tax Considerations
As a freelancer, you'll typically pay both income tax and self-employment tax. Business expenses can be deducted to reduce your taxable income. The calculator estimates your net income after taxes and expenses.
Effective Hourly Rate
Your effective hourly rate is your net income divided by total working hours. This gives you a true picture of what you earn per hour after all expenses and taxes, helping you make informed pricing decisions.
Frequently Asked Questions
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