Chair rent, supplies and then taxes nobody withheld. Put in your weekly numbers and see the real take-home for a booth or suite renter after rent, expenses, self-employment tax and 2026 federal income tax. Add your state rate if you have one.
2026 federal rates, standard deduction, no credits or QBI deduction. Rent is charged every week of the year; income counts only the weeks you work. Nobody withholds for a booth renter, so the take-home assumes you set the tax aside.
A booth renter sees the whole ticket. $1,500 in services and $150 in tips in a week looks like $1,650. But rent comes out of that every week including the weeks you are off, supplies come out, and then self-employment tax takes 15.3% of what is left before income tax even starts. Most renters keep somewhere between 50% and 65% of what clients pay them.
The calculator runs those subtractions in order. Rent is charged 52 weeks a year because landlords do not take vacations with you, and income is counted only for the weeks you say you work.
Weekly rent is what you pay the salon or suite owner, including any product or back-bar fee if it is bundled in. Services is what clients pay you for the work before tips; if you take card payments, use the amount before processing fees and put the fees under other expenses. Supplies covers color, product, disposables and retail you buy to resell. Other expenses is insurance, booking software, licenses, continuing education, card fees and the share of your phone you use for work.
Weeks worked matters more than people expect. 48 weeks is a realistic default for someone taking two weeks off and losing two more to holidays or slow spells.
Nobody withholds for you, so the take-home here assumes you set the tax aside as you go. The set-aside rate at the bottom is the share of each dollar of profit to move to savings. If you leave it in checking, your bank balance will look like the profit line, and April will look like a disaster.
Toozi does this for booth renters by text: log the day's services and tips, and it tells you what to set aside and when the quarterly payment is due.
Text your income and expenses as they happen. Toozi keeps the books, sets aside the right amount from each payment, texts you before every due date, and e-files the return.
Yes. Booth, chair or suite rent is a business expense on Schedule C, which is why the calculator subtracts it before any tax is figured. So are supplies, insurance, software, licenses and card fees.
Yes. Cash and card tips are income, the same as services. Count them in the tips box so the take-home is honest; underreporting tips is the most common audit trigger in the beauty industry.
A W-2 stylist pays half of Social Security and Medicare and the employer pays the other half, and taxes come out of each paycheck. A booth renter pays both halves as self-employment tax and sends it in quarterly. The 1099 vs W-2 calculator compares the two at the same gross.
Many booth renters qualify for the 20% QBI deduction, which lowers the income tax part of this estimate. The calculator leaves it out to stay conservative, so your real take-home may be a little higher.
Only if you enter a rate. Nine states have no income tax on wages; most others take 3% to 10% of profit. Enter the rate for your state and it is added to the set-aside.
Text (844) 482-4881 and your first expense is logged in 10 seconds.