💼 Side Hustle Tax Calculators Iowa

Iowa Side Hustle Tax Calculator

Calculate taxes on side hustle income in Iowa. See self-employment tax, federal & state taxes, and quarterly payment estimates for gig workers.

Free — No Sign-up Verified Data Editorially Reviewed Updated
Iowa Quick Facts
3.8% Income Tax Rate
1.57% Property Tax Rate
$65,573 Median Income
90.1 Cost of Living

How This Calculator Works

Calculation methodology and assumptions

Side hustle tax calculation for Iowa. Side income over $400 triggers self-employment tax (15.3% on 92.35% of net earnings), covering Social Security (12.4%) and Medicare (2.9%). Federal income tax applies at marginal rates based on combined W-2 + side income. Iowa state tax applies at up to 3.8%. Deductible expenses reduce both income tax and SE tax bases.

Key State Information

Iowa side hustle tax facts: State tax up to 3.8% | Cost of living index 90.1 | Median income $65,573.

Standard financial formulas Pre-filled with real state data Estimates only — not financial advice
Data Source
IRS, Tax Foundation
View Original Source | Verified 2024-12-01 | Updated annually

Frequently Asked Questions

How much tax do I pay on side hustle income in Iowa?

Side hustle income is subject to self-employment tax (15.3%) plus federal income tax at your marginal rate (typically 22-32% for most side hustlers). In Iowa, add 3.8% state tax. Total effective rate is typically 30-45%.

Do I need to pay quarterly taxes on side hustle income in Iowa?

If you expect to owe $1,000+ in taxes on your side income, the IRS requires quarterly estimated payments (due April 15, June 15, Sep 15, Jan 15). Iowa also requires quarterly state estimated payments if you owe $1,000+.

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