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Etsy Tax Calculator 2026

Etsy is an online marketplace, so it reports seller payments on Form 1099-K — for 2026 only when sales exceed $20,000 across more than 200 transactions. Shop profit after materials, Etsy fees, shipping, and equipment carries 15.3% self-employment tax on 92.35% of net earnings plus income tax. Estimate the quarterly bill below.

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Each quarterly payment$923.20
Self-employment tax$3,532.39
Federal income tax$570.70
Total estimated tax$4,103.09
Effective rate(10% marginal)16.4%
QBI deduction applied(simplified)$1,426.76

Target for the year: $3,69390% of this year's estimated tax.

2026 payment deadlines (Form 1040-ES)

  • Q1 (Jan. 1 – Mar. 31, 2026)2026-04-15
  • Q2 (Apr. 1 – May 31, 2026)2026-06-15
  • Q3 (Jun. 1 – Aug. 31, 2026)2026-09-15
  • Q4 (Sep. 1 – Dec. 31, 2026)2027-01-15

Estimate only — not legal, tax, or financial advice. Only the IRS can determine your actual amounts.

Official source: IRS — Estimated taxes

Which tax form Etsy sends

Etsy earnings have been reported on Form 1099-K. Self-employment tax applies once net earnings for the year reach $400, at a combined 15.3% rate on 92.35% of profit — whether or not a form arrives.

The 2026 1099-K threshold, explained →

Expense categories Etsy workers track

  • Raw materials and supplies consumed by the items sold
  • Etsy listing, transaction, payment-processing, and Offsite Ads fees
  • Postage, boxes, mailers, and other shipping materials
  • Tools and equipment used to produce inventory
  • The exclusive-use share of a home workshop, where the home-office rules are met
  • Product photography props, lighting, and editing software
  • Craft-fair booth fees and related selling costs
  • The work-use share of internet and software subscriptions

Categories the IRS treats as ordinary and necessary for this kind of work. Whether a specific expense qualifies depends on the facts and on contemporaneous records — the deduction finder totals your own figures without keeping them.

Open the deduction finder →

Etsy taxes: frequently asked questions

For 2026, payment apps and online marketplaces are required to issue Form 1099-K only when payments for goods or services exceed $20,000 across more than 200 transactions — the pre-2021 rule reinstated by the One Big Beautiful Bill. A platform may still send one below that level. In 2024 a transition threshold of $5,000 applied under IRS Notice 2024-85 before the higher rule returned, which is why some sellers received forms that year and not since.

Recommended services

Keeper

Tax filing app for 1099 contractors that finds deductible expenses automatically and files quarterly estimates.

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Other platforms & tools

Quarterly Tax Deadline Calendar — every 1040-ES date, plus alerts when IRS figures change

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