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Painless 1099

Meet Painless1099

Painless1099 helps independent contractors (think: freelance designers and real estate agents) save for tax season. Through a smart bank account, Painless1099 automatically withholds taxes based on user information and then deposits what is safe to spend directly to a user’s personal checking account.

How we make saving simple

Projected Withholding
Not sure how much money you should be saving for your taxes? We can help. The Painless1099 Projected Tax Rate takes current U.S. tax law, and creates an estimated withholding rate based on your projected annual income.

Fixed Withholding
Work with a tax accountant that has already advised a percentage? Or would you prefer to choose a rate of your own? Our Custom Fixed Rate withholding allows you to set a fixed rate, and we'll save that amount from each paycheck.