100% Free Online Tool

Contractor Take-Home Pay & 1099 Tax Calculator

Convert your contractor hourly or daily billing rate into realistic monthly and annual net take-home salary after accounting for unpaid holidays, business deductions, and self-employment taxes.

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How to Use Contractor Take-Home Pay Calculator (US, UK, CA, IN)

Step 1

Select Your Country

Choose US, UK, Canada, or India for localized tax models.

Step 2

Set Hourly Rate & Hours

Enter your hourly rate, weekly billable hours, and weeks of unpaid time off.

Step 3

View Net Take-Home

See monthly net cash into your account and your true real hourly wage.

Key Features

Unpaid Time Off Adjustments: Accounts for unpaid vacations, sick days, and bank holidays.
Effective Hourly Wage: Shows what you really earn per hour worked after all business taxes.

Frequently Asked Questions

How is contractor take-home different from employee salary?

Contractors must cover their own social security, Medicare, self-employment taxes, and health insurance, plus absorb all unpaid vacation days.