Side Hustle Calculator

Calculate how much you can earn from a side hustle after taxes and expenses.

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Side Hustle Income

Enter your side hustle rate, hours, and costs.

Net annual side hustle income
$0
Gross: $0
Gross revenue
$0
Expenses
$0
Net before tax
$0
Self-employment tax
$0
Net after tax
$0
Effective hourly rate
$0

Worked example

With the default inputs shown below, this calculator returns the following results:

InputValue
Hourly rate ($)$50
Hours per week10
Weeks per year48
Annual expenses ($)$2,000
Self-employment tax rate (%)15.3%
ResultValue
Net annual side hustle income$18,634
Gross revenue$24,000
Expenses$2,000
Net before tax$22,000
Self-employment tax$3,366
Net after tax$18,634

Values shown are produced by this page in your browser; change any input to update them.

How to use the Side Hustle Income

  1. Hourly rate ($) — default $50
  2. Hours per week — default 10
  3. Weeks per year — default 48
  4. Annual expenses ($) — default $2,000
  5. Self-employment tax rate (%) — default 15.3%
  6. Press Calculate to update the results instantly.

Frequently asked questions

It varies hugely: tutoring and freelance skills run $25-80 an hour, delivery and gig work $15-25 net of costs.
Self-employment income carries 15.3% SE tax plus income tax at your marginal rate. Setting aside 25-30% of profit is a safe habit.
The IRS looks at profit motive and consistency. Once you are profitable in three of five years it is treated as a business, not a hobby.

Sources & references