Compare Scenarios
Compare two different self-employment scenarios side-by-side to make informed decisions about income, expenses, and tax strategies.
Stress-test your assumptions with CalcWise, keep an eye on billable time using HoursCalc, and pull clean CSVs for deeper analysis with DataKit.
Scenario A
Net Income:$51,695
Total Tax:$13,305
Effective Tax Rate:17.74%
Scenario B
Net Income:$59,390
Total Tax:$15,610
Effective Tax Rate:17.34%
Scenario B vs Scenario A
Net Income Difference
+$7,695
More take-home
Tax Difference
+$2,305
Higher taxes
Rate Difference
0.40%
Lower rate
Key Insights
- Scenario B gives you $7,695 more in annual take-home pay
- That's approximately $641 per month difference
Note: These calculations are for educational purposes only and provide estimates based on 2025 federal tax rates. Actual tax liability may vary based on your specific situation. Consult a tax professional for personalized advice.