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//// Tax · Gig Economy

Gig Economy Tax Calculator

Enter your gig platform earnings from Uber, DoorDash, Upwork, or TaskRabbit to see net profit, SE tax, federal income tax, quarterly payments, and every deduction. Mileage at $0.67/mile and platform fees included.

401(k) Limit 2024$23,000
Roth IRA Limit$7,000
S&P 500 Avg Return~10%/yr

Delivery miles (from pickup to drop-off and between deliveries) qualify for the mileage deduction.

1099-K expected

Your gross earnings exceed the $5,000 2024 threshold. The platform will send a 1099-K form to you and the IRS. Report all income whether or not you receive a form.

Total tax owed

$2,705

Effective rate: 11.3% of gross

Quarterly payment

$676

Take-home (net)

$15,075

Your Numbers

Total paid by the platform — before their fees or deductions

$

Total miles driven for gig work — qualifying business miles only

Fees taken by the platform (Upwork 10–20%, Fiverr 20%). Enter 0 if already deducted from your earnings.

$

Annual cost × your business-use percentage (e.g., $600/yr × 60% = $360)

$

Supplies, equipment, hotspot, car insurance (% business use), etc.

$

Deductions Summary

Mileage (8,000 mi × $0.67)$5,360
Phone / data (business %)$360
Other business expenses$500
Total deductions$6,220

Tax Breakdown

Gross earnings$24,000
Total deductions−$6,220
Net profit (Schedule C)$17,780
Self-employment tax (15.3%)−$2,512
½ SE tax deduction$1,256
Federal income tax−$192
Take-home pay$15,075

Quarterly Payment Schedule

Q1Jan–Mar income

Due Apr 15, 2025

$676

Q2Apr–May income

Due Jun 16, 2025

$676

Q3Jun–Aug income

Due Sep 15, 2025

$676

Q4Sep–Dec income

Due Jan 15, 2026

$676

Pay via IRS Direct Pay or EFTPS. Underpayment penalty applies if you owe more than $1,000 at filing. Use the safe harbor rule: pay 100% of last year's tax liability to avoid penalties.

2024 tax year. Federal only — state income taxes not included. Consult a tax professional for your specific situation.