Self-Employment Tax Calculator
Estimate your 2026 taxes and see how much TraxGig deductions could save you.
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$10k$300k
Common Deductions for Rideshare
Tracked by TraxGig- ✓Mileage (1,800 miles/mo × $0.70)$15,120
- ✓Phone & data$840
- ✓Vehicle insurance (business %)$960
Total Deductions$16,920
* Estimates based on typical usage — your actual deductions may vary.
Without Deductions
Gross Income$60,000
SE Tax (15.3%)−$8,478
SE Deduction (½ of SE tax)−$4,239
Standard Deduction−$15,000
Taxable Income$40,761
Federal Income Tax$4,653
Self-Employment Tax$8,478
Total Tax$13,131
Effective Rate
21.9%
Quarterly Payment
$3,283
With TraxGig Deductions
Gross Income$60,000
Deductions (Rideshare)−$16,920
SE Tax−$6,087
SE Deduction−$3,044
Standard Deduction−$15,000
Taxable Income$25,036
Federal Income Tax$2,766
Self-Employment Tax$6,087
Total Tax$8,853
Effective Rate
20.5%
Quarterly Payment
$2,213
Potential Tax Savings
$4,278
per year — by tracking your deductions
Saved per quarter
$1,069
Saved per month
$356
Disclaimer: This calculator provides estimates for educational purposes only using 2026 federal tax brackets. State taxes, AMT, credits, and other factors are not included. Consult a tax professional for personalized advice.
Ready to keep more of what you earn?
TraxGig automatically tracks your income, mileage, and expenses — so you never miss a deduction at tax time.
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