Your commission check has no tax withheld: the IRS charges 15.3% self-employment tax on 92.35% of net earnings, and the estimated payment for Sept–Dec 2026 income is due…
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What you get: a 30-closing log that carries your cap from deal to deal (the brokerage share stops on the closing that hits it), totals take-home year to date and sorts each closing's tax set-aside into the four…
Your commission check has no tax withheld: the IRS charges 15.3% self-employment tax on 92.35% of net earnings, and the estimated payment for Sept–Dec 2026 income is due January 15, 2027. 8 inputs and 12 formulas.
Example (made-up): a 1099 agent on a 70/30 split closes a $425,000 sale at 2.5% on their side. The gross commission is $10,625.00, but the split, fees and the tax nobody withheld lose $6,880.10 of it: $3,744.90 is take-home and $2,447.60 must go to a tax account before the January 15, 2027 IRS estimated payment.
Free commission calculators stop at sale price × rate × split. This one also takes the brokerage cap you still owe, your per-closing fees and the self-employment tax (15.3% on 92.35% of net earnings) that the IRS charges a licensed agent paid on sales.
| Gross commission on your side | - |
| Brokerage share before the cap | - |
| Brokerage share after your cap | - |
| Net commission before tax | - |
| Self-employment tax (15.3% of 92.35%) | - |
| Federal income tax set-aside | - |
| State income tax set-aside | - |
| Total tax to set aside from this check | - |
| Take-home from this closing | - |
| Commission lost before take-home | - |
| Take-home share of gross commission | - |
| Cap left after this closing | - |
Everything updates as you type. Nothing is uploaded. This runs in your browser.
Full version — $39 once: the Excel workbook with a 30-closing log that carries your cap from deal to deal and sorts every set-aside into the four IRS estimated payments with their due dates. Get the workbook
Sources read 2026-11-15: IRS Publication 15-A (licensed real estate agents paid on sales are self-employed for federal income and employment taxes) · IRS Topic 554 (15.3%, 92.35%, from 400 a year) · IRS Estimated tax FAQ (April 15, June 15, September 15, January 15 of the following year). Federal set-aside = your bracket × (net − half the SE tax); state = your rate × net. A budget, not a tax return.
The Excel workbook for the whole year: a 30-closing log that carries your cap from deal to deal (the brokerage share stops on the closing that hits it), totals take-home year to date and sorts each closing's tax set-aside into the four IRS estimated-tax payments with their due dates.
One payment, one licence key for this tool. The key is shown right after payment.
Licensed real estate agents paid on sales are treated as self-employed for federal income and employment taxes (IRS Publication 15-A, irs.gov, read 2026-11-15). Self-employment tax is 15.3% on 92.35% of net earnings from 400 a yea
Buy the full version — $39Your commission check has no tax withheld: the IRS charges 15.3% self-employment tax on 92.35% of net earnings, and the estimated payment for Sept–Dec 2026 income is due January 15, 2027.
Yes. The free version on this page works without an account. The full version ($39) adds: a 30-closing log that carries your cap from deal to deal (the brokerage share stops on the closing that hits it), totals take-home year to date and sorts each closing's tax set-aside into the four…
1. Enter your details in the free version below. 2. See your result right away on this page. 3. Need more? The full version adds what is listed under "What you get".
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