Calculate taxes for gig workers (Uber, DoorDash, Instacart, etc). Includes mileage deduction, self-employment tax, and quarterly estimated payment amounts.
14.4% effective tax rate
| Gross Gig Income | $40,000 |
| Mileage Deduction | $13,400 |
| Other Expenses | $1,500 |
| Net Earnings | $25,100 |
| Self-Employment Tax | $3,547 |
| Federal Income Tax | $948 |
| State Tax | $1,255 |
| Total Tax | $5,749 |
| Quarterly Payment | $1,437 |
| Annual Take-Home | $19,351 |
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Mileage Deduction = Miles × $0.67 (2024 IRS rate)
SE Tax = Net Earnings × 92.35% × 15.3%
Taxable Income = Net Earnings − ½ SE Tax − Std Deduction
Gig workers are treated as self-employed contractors. You pay self-employment tax (15.3%) plus federal and state income tax on net earnings (income minus business expenses).
Yes! Rideshare and delivery drivers can deduct mileage at the IRS rate (67¢/mile in 2024). This is one of the largest deductions available to gig workers.
At 67¢/mile and 20,000 miles, that's $13,400 in deductions — saving roughly $4,000-$5,000 in taxes for most gig workers.
If you expect to owe $1,000+ in taxes for the year, you must make quarterly estimated payments to avoid penalties. Due dates: April 15, June 15, Sept 15, Jan 15.
Calculations are for educational purposes only. Consult a qualified financial advisor for personalized advice.