💼 Side Hustle Tax Calculators Tennessee

Tennessee Side Hustle Tax Calculator

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

Free — No Sign-up Verified Data Editorially Reviewed Updated
Tennessee Quick Facts
None Income Tax Rate
0.71% Property Tax Rate
$56,071 Median Income
89.7 Cost of Living

How This Calculator Works

Calculation methodology and assumptions

Side hustle tax calculation for Tennessee. 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. Tennessee has no state income tax. Deductible expenses reduce both income tax and SE tax bases.

Key State Information

Tennessee side hustle tax facts: No state income tax | Cost of living index 89.7 | Median income $56,071.

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 Tennessee?

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). Tennessee has no state income tax, saving most side hustlers $500-$3,000/year vs. high-tax states.

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

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). Since Tennessee has no income tax, you only need federal quarterly payments.

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