Best Tax Software for Freelancers in 2026
The same Schedule C costs $0 or $218 depending on the software — yet the 2026 Social Security wage-base jump quietly adds $1,042 to every high-earning freelancer's tax bill.
The same Schedule C costs $0 or $218 depending on the software — yet the 2026 Social Security wage-base jump quietly adds $1,042 to every high-earning freelancer's tax bill.
A $50,000 salary actually costs your employer about $65,000 — and that gap is why freelancers who match their old hourly rate quietly lose $15,000 a year.
A $10,000 side hustle costs you $1,413 in self-employment tax that W-2 withholding never covers — even if you set aside 25% like your paycheck.