The sweet spot for this tool is the self-employed sole proprietor who either gets 1099 statements or sells a product for a profit.

This site contains a calculator to help you with estimates of your taxes. This site is not offering legal or accounting advice, and the site creator is not an attorney or an accountant, he is a self-employed computer nerd who needed to keep up with this stuff and decided to share it.

This site should just help you to get a ballpark value and a sense of where you stand, not to file or prepare your taxes. It does not contain all of the subtleties embedded in the code, and in particular it doesn't test to see if you are required to pay the AMT.

The steps used to get a result are displayed as part of the results so you can see how the values were computed. You are encouraged to print those results and show them to your tax professional.

The calculator on the web site is offered to you on an "as is" basis without representation or warranty of any kind. TaxEstimate.net expressly disclaims all warranties, express or implied, with respect to the use of this web site and the information derived from the site, including but not limited to warranties of merchantability, fitness for a particular purpose, performance or quality. TaxEstimate.net also expressly disclaim and assume no responsibility for the accuracy, adequacy, timeliness or completeness of the information available through the site. Further, TaxEstimate.net does not make any warranties or representations regarding the use, or the results of the use of the site.

You agree that in no event will TaxEstimate.net be liable to you or anyone else for any loss or damages arising out of the use of or inability to use the site. Taxestimate.net will not be liable to you or anyone else for any decision made or action taken by you or anyone else in reliance on information furnished by the site.