Freelancer Taxes in South Carolina: 1099 vs W2
Compare 1099 vs W2 taxes in South Carolina at every income level. See self-employment tax, take-home pay, and the freelance rate you’d need to charge.
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Deductible expenses reduce your taxable income
Freelancers pay $3,376 more in taxes
That’s $281/month less in your pocket
| Category | W2 Employee | 1099 Freelancer |
|---|---|---|
| Gross Income | $75,000 | $75,000 |
| Social Security | -$4,650 | -$8,589 |
| Medicare | -$1,088 | -$2,009 |
| Federal Income Tax | -$8,114 | -$6,948 |
| South Carolina Tax | -$3,858 | -$3,540 |
| Total Tax | -$17,710 | -$21,086 |
| Take-Home Pay | $57,290 | $53,914 |
| Effective Rate | 23.6% | 28.1% |
To match your W2 take-home of $57,290
You’d need to charge $81,500/year as a freelancer
That’s about $39/hour (40 hrs/week)
1099 vs W2 at Every Income Level
| Income | W2 Take-Home | 1099 Take-Home | Extra Tax |
|---|---|---|---|
| $25,000 | $21,229 | $19,892 | +$1,337 |
| $30,000 | $24,985 | $23,423 | +$1,562 |
| $35,000 | $28,703 | $26,880 | +$1,823 |
| $40,000 | $32,420 | $30,337 | +$2,083 |
| $45,000 | $36,138 | $33,794 | +$2,344 |
| $50,000 | $39,855 | $37,251 | +$2,604 |
| $55,000 | $43,573 | $40,708 | +$2,864 |
| $60,000 | $47,290 | $44,165 | +$3,125 |
| $65,000 | $50,855 | $47,623 | +$3,233 |
| $70,000 | $54,073 | $50,922 | +$3,151 |
| $75,000 | $57,290 | $53,914 | +$3,376 |
| $80,000 | $60,508 | $56,907 | +$3,601 |
| $90,000 | $66,943 | $62,891 | +$4,051 |
| $100,000 | $73,378 | $68,876 | +$4,501 |
| $110,000 | $79,813 | $74,861 | +$4,952 |
| $120,000 | $86,215 | $80,846 | +$5,369 |
| $150,000 | $104,920 | $98,380 | +$6,540 |
| $175,000 | $120,507 | $112,877 | +$7,630 |
| $200,000 | $137,577 | $128,281 | +$9,296 |
| $250,000 | $168,386 | $160,043 | +$8,343 |
Single filer, no business expenses, 2025 tax brackets.
Compare Other States
South Carolina Salary Calculator
See W2 salary breakdowns for all income levels in South Carolina