SMALL TOOLS. A CLEARER MONEY HABIT.
Your income has a job.
Give your tax reserve one, too.
See what setting money aside could look like across a year or with your next invoice. Start with the example, then make it yours.
A plan for the whole year.
Use this to explore a savings habit. Your actual tax depends on your full return, including other income, deductions, credits, withholding, and state taxes.
Your entries stay in this page. We don’t receive your calculator figures.
YOUR ANNUAL RESERVE PLAN
Annual amount to set aside at your chosen rateA savings illustration. Not a calculation of tax owed.
- Projected business profit
- $72,000
- Your chosen reserve
- 25% of positive profit
- Equal quarterly savings
- $4,500
- Equal monthly savings
- $1,500
- Funds after costs and reserve
- $54,000
How the tools work
Business revenue minus the costs you enter gives the planning profit. The tool multiplies positive profit by your chosen reserve percentage. The annual planner also divides that reserve into four quarterly or twelve monthly savings amounts. A loss produces a zero reserve in this model.
The example percentage is not tax advice. These tools do not calculate federal income tax, self-employment tax, state tax, estimated-payment requirements, deductions, credits, or penalties. They don’t account for prior payments or withholding. Bookkeeping profit may differ from taxable profit. Ask a tax professional to help select a reserve that fits your circumstances.
Read the guide to quarterly estimated taxes to understand how savings and actual payment requirements differ, or review IRS estimated-tax guidance.