Freelance Rate Calculator
One of the best parts of going independent: you set the price. Enter what your old job paid, and we'll find the rate where freelancing pays you just as well. Everything above it is a raise you gave yourself.
Your business should pay you at least this well. Count everything the job bundled in. As a freelancer, you keep all of it, you just price it in.
This is where freelancing pays off: nobody hands you a 9-to-5 anymore. You design your own year. Want six weeks off? A four-day week? Set it here, and your rate adjusts so your income doesn't. Flexibility isn't a perk you negotiate for; it's built into your price.
Part of your week goes to running your business: meeting new clients, sending proposals, building your name. Pick a scenario to see your rate at each stage: most freelancers start around 60% and grow toward 90% as clients start coming to them. Every point of utilization is a raise.
The math behind your potential savings
As a sole proprietor or single-member LLC, self-employment tax (15.3%) applies to every dollar of profit. With an S-Corp, you split your income into two parts, a reasonable salary and owner distributions. Payroll taxes apply only to the salary. The distribution side? Untaxed by self-employment rules.
Want to go deeper?
The calculator gives you the number. These guides give you the full picture.
Sole Proprietorship vs LLC: Which Structure Sets You Up for Success?
S Corp Fees by State: How Much Does It Pay to Incorporate?
The Disadvantages Of S Corporations for Solopreneurs – Is It Worth It?
Your results are a starting line, not a finish line
The hard part isn't knowing you could save money, it's actually making it happen.
Electing S-Corp status means running payroll, paying yourself a salary, filing additional federal forms, and keeping up with quarterly obligations. It's absolutely worth it. But managing it solo adds a whole new layer to your plate.
Lettuce is built for exactly this. It's a predictive tax management platform for businesses-of-one — handling your S-Corp structure, payroll, and tax obligations automatically, so the savings you just calculated actually end up in your pocket.
All the benefits of an S-Corp. None of the administrative headache.
| S-Corp setup handled for you | |
| Payroll calculated and run automatically | |
| Quarterly taxes estimated in real time | |
| Year-round tax visibility — not just at filing time |
© 2026 Lettuce Financial Labs, Inc.
Specialized tax and accounting strategies for businesses-of-one.
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