For gig workers, drivers & digital sellers
Punch in what your hustle actually brings in. This estimator works out your real take-home profit after self-employment tax, federal income tax, state tax, and the business expenses you can write off — plus exactly how much of every payout to set aside so tax season never blindsides you.
Everything updates live as you type.
Before any taxes or expenses come out.
A rough flat rate for your state. Georgia, for example, sits around 5.4%.
Take-Home Profit — per year
$0
That's $0 a month you actually keep after expenses and every layer of tax.
Move $0 out of every payout the moment it lands, and taxes are covered before they're due.
Your gross income, split into expenses, taxes, and pure profit.
From the shop
Keep every dollar organized — grab the Paycheck Protection Checklist and Budget Binders.
Shop the printablesWhen you work a W-2 job, your employer quietly pays half of your Social Security and Medicare taxes. When you're self-employed — DoorDash, Uber, freelancing, selling digital products — you're both the worker and the employer, so you pay both halves: 15.3% total (12.4% Social Security + 2.9% Medicare).
It's charged on 92.35% of your net profit (the IRS gives you a small break because employers get one too), and you can deduct half of it from your income tax. It applies once your net self-employment earnings pass $400 for the year — even if you owe no income tax at all.
No employer is withholding tax from your payouts, so the IRS expects you to pay as you go — in four estimated installments (roughly mid-April, mid-June, mid-September, and mid-January). Wait until April to pay it all and you can get hit with an underpayment penalty on top of a painful lump-sum bill.
The set-aside rule above does the hard part for you: skim the percentage off every payout into a separate account, and each quarterly payment is already sitting there when the deadline lands.
Expenses that are ordinary and necessary for your hustle: business mileage on your car (most drivers use the IRS standard mileage rate instead of tracking gas and repairs), platform and payment-processing fees, supplies and inventory, packaging and shipping, software and app subscriptions you use for work, and the business share of your phone bill.
Every deductible dollar reduces your net profit — which lowers your self-employment tax and your income tax. Keep receipts and a mileage log as you go; expenses you can't document are expenses you can't claim.