Maximize your gig worker deductions, estimate quarterly taxes, and calculate self-employment tax. Built for Uber, Lyft, DoorDash, freelancers, and all 1099 workers.
Total before expenses
= $10,500 deduction at 70¢/mi
50% is deductible
100% deductible for SE
Simplified: $5/sqft up to $1,500
Effective tax rate: 12.5%
Due Apr 15, Jun 15, Sep 15, Jan 15
| Gross Gig Income | $60,000 |
| Total Deductions | −$20,080 |
| ↳ Mileage (70¢/mi) | $10,500 |
| Net Self-Employment Income | $39,920 |
| Self-Employment Tax (15.3%) | $5,641 |
| Federal Income Tax | $1,837 |
| State Income Tax | $0 |
| Total Tax Burden | $7,478 |
| Estimated Tax Savings from Deductions | ~$6,024 |
| Take-Home Income | $32,442 |
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Mileage Deduction = Miles × $0.70/mile (2026 IRS rate)
SE Tax = Net Income × 92.35% × 15.3%
Quarterly Payment = Total Annual Tax ÷ 4
Common deductions: mileage (70¢/mile in 2026), phone/internet (business %), supplies, software, health insurance, home office, meals (50%), and retirement contributions.
Generally 25-30% of net income. SE tax is 15.3%, plus federal/state income tax. Quarterly payments due Apr 15, Jun 15, Sep 15, Jan 15.
No — you choose either the standard mileage rate (70¢/mile for 2026) OR actual vehicle expenses (gas, insurance, repairs, depreciation). You can't use both. Mileage rate is simpler and often higher.
If you expect to owe $1,000+ in taxes for the year, you must make quarterly estimated payments or face penalties. Use Form 1040-ES.
SE tax is 15.3% on net self-employment income (12.4% Social Security + 2.9% Medicare). You pay both the employer and employee portions. You can deduct half of SE tax from income.
Calculations are for educational purposes only. Consult a qualified financial advisor for personalized advice.