Gig Economy Tax Liability Calculator

US Gig Economy Tax Liability Calculator

Estimated Gross Gig Economy Income ($):

Total income from all gig sources (e.g., platforms, direct clients).

Enter your estimated deductible business expenses related to your gig work.

Platform Fees & Commissions ($):

Vehicle Expenses (Gas, Repairs, Insurance, etc. $) :

If using the Actual Expenses method for vehicle deduction. Keep detailed records. (Does NOT include Standard Mileage Rate calculation).

Home Office Deduction ($):

Enter the amount you calculated (e.g., using the simplified or regular method on Form 8829).

Internet & Phone Costs ($):

Supplies & Software ($):

Other Business Expenses ($):

Enter amounts for key potential deductions/adjustments beyond business expenses.

Health Insurance Premiums Paid ($):

If you paid for health insurance yourself and weren't eligible for an employer plan.

Retirement Contributions (e.g., SEP IRA) ($):

Deductible contributions to qualified retirement plans.

Filing Status:

Tax Year for Estimation (e.g., 2025):

Estimated Gross Income	$0.00
Estimated Total Business Expenses	$0.00
Estimated Net Earnings (Schedule C Profit)	$0.00
Taxable Net Earnings for Self-Employment Tax (Net Earnings * 92.35%)	$0.00
Estimated Self-Employment Tax (SS + Medicare)	$0.00
Self-Employment Tax Deduction (50% of SE Tax)	$0.00
Other Deductions (Health Ins., Retirement)	$0.00
Estimated Adjusted Gross Income (AGI)	$0.00
Selected Filing Status	-
Standard Deduction ()	$0.00
Estimated Taxable Income	$0.00
Estimated Income Tax (Simplified)	$0.00

Estimated Self-Employment Tax	$0.00
Estimated Income Tax (Simplified)	$0.00
TOTAL ESTIMATED TAX	$0.00
Estimated Gross Income	$0.00
Estimated Total Tax	$0.00
Estimated Net Income After Tax	$0.00