Side Hustle Profit Calculator

Calculate potential earnings from your side business or gig work

Revenue Sources

Add your different income streams

Monthly Revenue
$0

Expenses

Add your business expenses

Monthly Expenses
$0

Profit Analysis

Projected earnings and tax implications

Monthly Revenue
$0
Monthly Expenses
$0
Monthly Net Profit
$0
Tax Estimates
Self-Employment Tax:$0
Income Tax:$0
Total Monthly Tax:$0
Annual Projections
Gross Revenue:$0
Total Expenses:$0
Net Annual Profit:$0
Tax Considerations

• Self-employment tax rate is typically 15.3% (12.4% Social Security + 2.9% Medicare)

• Consider making quarterly estimated tax payments to avoid penalties

• Keep detailed records of all income and expenses for tax purposes

• Consult with a tax professional for specific advice on deductions and obligations