Moonlighting Tax for Oncology PGY2 in Colorado 2026
moonlighting tax calculator scenario for Oncology, PGY2, Colorado (2026 assumptions).
Verified by Medical Review BoardMoonlighting Tax Calculator
Estimate taxes on moonlighting income, including self-employment tax and per-shift set-asides.
Income and tax inputs
Optional itemized or additional deductions (standard deduction applied separately).
Used to estimate per-shift tax set-aside.
Results
Calculated in real time as you update inputs.
Per-Shift Tax Set-Aside
$690
Recommended reserve per moonlighting shift to cover federal, state, and SE tax
Federal Tax (est.)
$21,939
State Tax
$6,600
Self-Employment Tax
$4,590
Quarterly Estimated Payments
$8,282
Effective Tax Rate
22.1%
Explanation
Assumptions: SE tax applied at 15.3% of 1099 income; state tax uses a flat effective rate; federal tax uses simplified brackets with standard deduction by filing status plus your additional deductions. Does not account for QBI, tax credits, phaseouts, or retirement deferrals.
Quarterly payments are total estimated annual tax divided by four; actual safe harbor rules may differ.
Non-Device Clinical Decision Support (CDS) Notice
This calculator is Non-Device Clinical Decision Support (CDS) and is intended to assist, not direct, independent physician judgment.
The clinician is responsible for verifying the underlying math and assumptions against cited PubMed references before applying outputs in care.
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