🧠ProfessionalVirginia · VA
Life/Business Coach Taxes in Richmond (2026)
How much tax does a freelance life/business coach pay in Richmond? Full breakdown with calculator.
Life/Business Coach in Richmond — Tax Summary
Typical Income
$75,000
Virginia State Tax
5.8%
Total Tax
$20,941
27.9% effective
Take-Home
$54,059
$4,505/mo
SE Tax
$10,597
Federal Tax
$7,175
State Tax
$3,168
Quarterly Payment
$5,235
Calculate Your Life/Business Coach Taxes in Richmond
$
SE Tax
$10,597
Federal Tax
$7,175
State Tax
$3,168
Take-Home
$54,059
Total Tax
$20,941
Effective Rate
27.9%
Quarterly Payment
$5,235
Monthly Net
$4,505
Top Deductions for Life/Business Coaches in Richmond
100%Coaching certification & renewal fees$300–$1,500/yr
100%ICF membership dues$200–$400/yr
100%Coaching platform (SimplePractice, etc.)$300–$900/yr
100%Video conferencing (Zoom Pro)$180/yr
100%Personal development/coaching (for coaches)$1,000–$5,000/yr
100%Course creation tools$200–$1,200/yr
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Full Life/Business Coach Tax Calculator
See all deductions, S-Corp guidance, and quarterly planning for life/business coaches.
Frequently Asked Questions
At the typical life/business coach income of $75,000, a freelancer in Richmond pays approximately $20,941 in total taxes (27.9% effective rate), keeping $54,059 take-home.