Side Hustle Tax Calculator | Estimate Self-Employment & Income Tax
This article contains affiliate links. We may earn a commission at no extra cost to you. Side Hustle Tax Calculator Enter your W-2 salary and side hustle income to estimate your total tax burden, self-employment tax, and actual take-home from your side gig. W-2 Salary Annual Salary ($) $65,000 Side Hustle Gross Revenue ($) $15,000 Business Expenses ($) $0$3,000$50,000 Filing Status Single Married Filing Jointly Head of Household Quarterly Estimated Tax Payments How Side Hustle Income Is Taxed When you earn money from a side hustle — freelancing, gig work, selling online, consulting — the IRS treats it as self-employment income. This means you pay two types of tax: ...