Self-Employment Tax Estimator
The tax nobody warns you about: Miles estimates the ~15.3% self-employment tax on your profit, plus the half you get to deduct. General guidance, not tax advice.
Open SKILL.md skill — use it with any AI agent. Recommended with Miles, the Bizer agent, which runs it out of the box.
How it works
What this skill does
When you had a job, your employer paid half your Social Security and Medicare. On your own you pay both halves — about 15.3% of your profit, on top of income tax. Tell Miles your profit and he does the math.
- Runs the real numbers — a tested calculator applies the standard method
(net earnings = 92.35% of profit, then 15.3%).
- Shows the breakdown — Social Security, Medicare, and the total.
- Finds the silver lining — the 'employer half' you get to deduct.
Requires
Nothing to set up. General guidance, not tax advice — confirm with a tax pro.