Quick answer: Yes, OnlyFans income is taxable, reported the same way any other 1099 income is — and the platform’s 20% cut comes off before you calculate what you owe, not after. How the money and the paperwork actually flow OnlyFans pays creators 80% of what subscribers and tippers pay; the platform keeps 20%. If … Read more
Quick answer: eBay is required to send you a 1099-K if your sales cross the federal threshold for the year — and that threshold has changed dramatically over the last few years. For 2026, it’s back to $20,000 and 200 transactions, not the $600 figure that was scheduled to take effect before Congress reversed it. … Read more
Quick answer: Your DoorDash 1099-NEC shows gross pay, not taxable income. Mileage, your phone bill, hot bags, and a handful of other real costs come off before the IRS calculates what you owe — and for most Dashers, mileage is by far the biggest one. Mileage — the big one For 2026, the IRS standard … Read more
Quick answer: No — DoorDash doesn’t send Dashers a W-2, because Dashers aren’t employees. If you earned $2,000 or more delivering in 2026, DoorDash sends you a 1099-NEC instead, and that one-letter difference changes everything about how you owe tax. What DoorDash actually sends you A W-2 means an employer withheld income tax, Social Security, … Read more
“How much do I actually keep?” is a different question from “how much tax do I owe” — it starts from your gross revenue, not your net profit. This calculator answers it directly: enter what you billed and what you spent, and see what’s actually yours. How to use it Gross self-employment revenue — everything … Read more
Deductions don’t just lower an abstract “taxable income” number — they lower a real tax bill, in real dollars. This calculator shows the actual before-and-after difference so you can see what a home office, some mileage, or a retirement contribution is genuinely worth to you. How this calculator works Enter your net income before deductions, … Read more
Self-employment tax is the one tax every 1099 worker owes regardless of deductions, credits, or how the rest of your return shakes out. This calculator isolates just that number — Social Security and Medicare — so you can see it clearly, separate from your income tax. What self-employment tax actually is It’s 15.3% of most … Read more
Mileage is usually the single largest deduction for anyone who drives for work — deliveries, rideshare, client visits, supply runs. For 2026, the IRS split the standard mileage rate mid-year, so this calculator asks for your business miles in two halves and does the math correctly for each. Why the rate changes mid-year The IRS … Read more
A $70,000 job offer and a $70,000 freelance contract are not the same $70,000. As a W-2 employee, your employer quietly covers half of your Social Security and Medicare tax. As a 1099 contractor, you cover all of it yourself — on top of losing benefits like paid time off or a 401(k) match. This … Read more
If you’re self-employed, every legitimate business deduction lowers the income your tax bill is based on — both your federal income tax and your self-employment tax. Here’s the full list of deductions that actually apply to most freelancers, gig workers, and 1099 contractors in 2026, with the current numbers where they matter. 1. Half of … Read more
