Use this calculator to find your exact quarterly estimated tax payments as a freelancer in Virginia. Enter your details below for an instant result.
From W-2 Box 2
Used to calculate safe harbor quarterly amount
The Qualified Business Income (QBI) deduction lets most self-employed individuals deduct 20% of net business income from taxable income. Phases out for higher earners.
IMPORTANT: Virginia Q1 estimated tax is due May 1, not April 15.
Virginia estimated tax payments are due: Q1 on May 1, Q2 on June 15, Q3 on September 15, and Q4 on January 15.
In Virginia, quarterly state estimated tax payments are required when your expected state income tax liability exceeds $150 for the year.
Yes. Federal self-employment tax applies regardless of state. As a freelancer in Virginia, you owe 15.3% SE tax on 92.35% of your net self-employment income — 12.4% Social Security (up to the annual wage base) and 2.9% Medicare. You deduct half from federal AGI.
Pay Virginia estimated taxes online at the Department of Revenue portal. IMPORTANT: Virginia Q1 estimated tax is due May 1, not April 15.
This tool is for informational and educational reference only and does not constitute tax or financial advice. Tax laws are complex, change annually, and individual circumstances vary. Calculations are estimates based on the inputs you provide and IRS/state tax authority data. Always consult a licensed CPA or tax professional before making tax decisions.