Freelancer Tax Set-Aside Calculator preview

FREE SPREADSHEET FOR FREELANCERS & GIG WORKERS

Stop guessing how much of each payment is actually yours.

The Freelancer Tax Set-Aside Calculator splits every payment into two numbers: what to move to tax savings (at the % you choose) and what's yours to spend. Works in Excel and Google Sheets.

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How it works

  1. 1. Choose your %: type in your own set-aside rate. Not sure? A helper estimates one from your last tax year.
  2. 2. A payment lands: enter the amount and any platform fees.
  3. 3. Move the set-aside: transfer it to a separate savings account and mark it "Yes".
  4. 4. Spend the rest: "Still to move" keeps a running total so nothing slips.

What you get

  • A 2-tab spreadsheet (Calculator + Payment Log).
  • A cheat sheet: "If you're paid X, set aside Y" at your rate.
  • An optional helper that estimates a starting % from your own records.
  • A one-page quick-start PDF.
  • Excel + Google Sheets compatible.
Educational purposes only. Not tax advice. The calculator doesn't know the tax rules where you live and doesn't present any rate as correct for you. You choose the percentage. For advice about your situation, talk with a qualified tax professional.

FAQ

Is it really free?

Yes. Enter your email and you'll get the download right away. Unsubscribe anytime.

What percentage should I use?

That's your call, and it depends on where you live and your situation. Common starting points: your effective rate from last year's return, a tax professional's estimate, or your tax authority's official estimator.

Does it work outside the US?

Yes. There are no country-specific rates or currency built in.

Do I need Excel?

No. It opens in Google Sheets for free.

© 2026 Cents & Sheets · Educational content only, not tax, legal, accounting or financial advice. Cents & Sheets, 785 Oak Grove Rd, Ste E2 #1277, Concord, CA 94518 · [email protected] · Privacy policy