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Tools & Calculators

Built for Self-Employed Workers.

Four free calculators that account for the realities of self-employment — SE tax, irregular income, and retirement without an employer match.

Taxes

SE Tax Calculator

Calculate your 2026 self-employment tax liability including the SE tax deduction, federal income tax estimate, and Michigan + Detroit city tax. Updated for IRS Rev. Proc. 2025-32 brackets.

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Retirement

Solo 401k Calculator

Calculate your maximum 2026 Solo 401k contribution as both employee and employer. Updated for SECURE 2.0 limits and catch-up contribution rules.

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Income Stability

Freelance Rate Calculator

Calculate the minimum hourly or project rate you need to cover your expenses, taxes, benefits, and savings goals as a self-employed worker.

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Income Stability

Emergency Fund Calculator

Calculate your emergency fund target based on irregular income, monthly expenses, and FHR's recommendation of 6-12 months for self-employed workers.

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Educational tools only. FHR's calculators provide estimates based on publicly available data and general formulas. They are not a substitute for professional tax preparation or financial planning. Consult a qualified CPA or financial advisor for advice specific to your situation.