Tax Calculator
Calculate business taxes, sales tax, and tax obligations for your craft business.
Sales Tax Calculator
Tax Amount:$0.00
Total with Tax:$0.00
Income Tax Calculator
Taxable Income:$0.00
Tax Owed:$0.00
Self-Employment Tax
SE Tax (15.3%):$0.00
Deductible Portion:$0.00
Tax Information for Craft Businesses
Common Deductions
- • Materials and supplies
- • Studio rent and utilities
- • Equipment and tools
- • Marketing and advertising
- • Business insurance
- • Professional development
- • Craft show booth fees
Record Keeping
- • Keep all receipts
- • Track mileage for business
- • Document business use of home
- • Maintain inventory records
- • Log craft show expenses
- • Record income from all sources
- • Use accounting software
Important Dates
- • Quarterly estimated taxes due
- • Annual tax return deadline
- • State tax filing deadlines
- • Sales tax payment dates
- • Business license renewals
- • Employment tax deadlines
- • Form 1099 filing requirements
Important Disclaimer
This calculator provides estimates only. Tax laws vary by location and situation. Always consult with a qualified tax professional for personalized advice.