โ† Back to Side Hustle Compare

๐Ÿš— Rideshare Driver Income Calculator

Enter your monthly numbers to see your true take-home pay after Uber/Lyft's cut, gas, vehicle costs, and taxes.

Your Numbers

Your Results

Gross Earnings $3,500
Uber/Lyft Service Fee (~25%) -$875
Net After Platform $2,625

Monthly Expenses

Gas -$252
Vehicle Payment -$0
Insurance -$150
Phone -$50
Maintenance Reserve -$100
Total Expenses -$552

Net Income

Monthly Net Income $2,073
Per Hour (gross hrs) $20.73/hr
Per Mile (before tax) $0.83/mi

Tax Estimate (1099 Self-Employment)

Self-Employment Tax (15.3%) -$402
Est. Federal Income Tax -$0
Quarterly Payment (to IRS) $134/mo
True Monthly Take-Home $1,671
๐Ÿ’ก IRS Tip: Set aside $134/month for taxes. Use a separate savings account so you never spend it.

๐Ÿงพ Best Tools for Gig Drivers

Track mileage automatically, deduct expenses, and file your 1099 taxes in one place. These are the tools most gig drivers actually use.

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