BUSINESS AND FREELANCING · EDUCATIONAL SCENARIO
Side hustle profit calculator
Profit is revenue less expenses and percentage platform fees.
Your scenario
Method and exclusions
Profit is revenue less expenses and percentage platform fees. Tax reserve uses your supplied percentage on positive profit; it does not determine tax liability. Divide profit after reserve by hours to estimate effective hourly earnings. Keep all inputs in the same period.
Supporting guidance: CFPB financial education (new tab). Guidance checked 28 October 2026; the arithmetic model remains our stated approximation.
How to use the result
Run a baseline, then change one assumption at a time. Compare the total cost or balance as well as the monthly amount. Keep excluded taxes, fees and product features on a separate checklist. Confirm decisions against actual provider documents.