CommissionKeep

Free estimate for real estate agents

Realtor Tax Reserve Calculator

Commission checks don't have tax withheld. This estimate shows how much of a check to set aside at the reserve percentage you choose. It is an estimate only and not tax advice.

Estimate your tax reserve

Results update as you type. Nothing is saved and no account is needed.

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Use the percentage you and your tax professional chose.

Net commission$8,000.00
Estimated reserve (25%)−$2,000.00
Left after reserve$6,000.00

Estimate only. This is not tax advice and does not calculate the tax you owe.

How the estimate works

Estimated reserve = net commission × your reserve percentage. It's simple on purpose: it helps you set money aside consistently from every check.

Example

You net $8,000 from a closing and set aside 25%. Move $2,000 into your tax savings and treat $6,000 as spendable. Over a year, doing this on every closing keeps you from scrambling at quarterly payment time.

Common questions

What percentage should I set aside?

There's no single right answer. It depends on your income, deductions, state and filing situation. Many self-employed people choose a reserve percentage with their tax professional and adjust it during the year. This calculator only applies the percentage you choose.

Is this calculator tax advice?

No. It multiplies your net commission by the percentage you enter. It does not calculate what you owe. Talk to a qualified tax professional for advice.

Tax figures are estimates only and are not tax advice. Talk to a qualified tax professional about your own situation.

See your estimated tax reserve all year

Set your reserve percentage once in CommissionKeep and it shows an estimated reserve on your dashboard as closings come in. It's an estimate only, not tax advice.

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