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