Estimate your federal, state, and self-employment taxes as an independent contractor. Calculate quarterly payments for Uber, DoorDash, Instacart, and freelance work.
Total 1099 earnings for the year
Income from regular employment (if any)
Total miles while working (2025 rate: $0.70/mile)
Phone, supplies, bags, etc.
Total Annual Tax
$0.00
Federal + State + SE Tax
Quarterly Payment
$0.00
Due Apr 15, Jun 15, Sep 15, Jan 15
Self-Employment Tax
$0.00
15.3% (Social Security + Medicare)
Federal Income Tax
$0.00
Based on taxable income
State Tax
$0.00
No state income tax
Effective Tax Rate
0.0%
Total tax / Gross income
Mileage Deduction
$0.00
$0.70/mile for 2025
Take-Home Pay
$0.00
After all taxes
Self-employment tax is how gig workers pay into Social Security and Medicare. Unlike W-2 employees who split these taxes with their employer, independent contractors pay the full 15.3% (12.4% Social Security + 2.9% Medicare) on their net earnings.
The good news: you can deduct half of your self-employment tax when calculating your adjusted gross income, which reduces your overall income tax burden.
As a gig worker, you're required to pay estimated taxes quarterly if you expect to owe $1,000 or more in taxes. Missing these payments can result in penalties and interest charges from the IRS.
2025 Due Dates:
You can choose to deduct either the standard mileage rate ($0.70/mile for 2025) or your actual vehicle expenses. Most gig workers find the standard mileage method simpler and often more beneficial.
If you choose actual expenses, you can deduct the business percentage of gas, insurance, repairs, depreciation, and other vehicle costs. Keep detailed records of all expenses and calculate the percentage of miles driven for business.
Form 1099-K or 1099-NEC: You'll receive these from each platform showing your total earnings.
Schedule C: Report your gig income and business expenses here.
Schedule SE: Calculate your self-employment tax.
Form 1040-ES: Use this to calculate and pay quarterly estimated taxes.
This simulator provides estimates based on your inputs. Actual earnings may vary.