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Gig Workers Are Getting a Nasty Surprise This Tax Season

Persona #2 ยท Vol: 0

If you drove for DoorDash, delivered packages, or rented out a spare room last year, the tax bill landing in your mailbox this spring may look nothing like the one you filed in 2024.

Several pandemic-era breaks that quietly padded gig workers' refunds have expired, and the platforms themselves are reporting income to the IRS faster than ever.

The result: hundreds of thousands of side hustlers are discovering they owe money instead of getting money back.

Here's what changed and how to keep more of what you earned. **The mileage deduction still works, but most people use it wrong.** The standard mileage rate for 2024 was 67 cents per mile, and every delivery, pickup, and deadhead drive counts.

A shoebox of gas receipts won't cut it if the IRS asks questions.

Apps like Stride and Everlance track trips automatically and export a clean summary at filing time.

Drivers who skip this step routinely overpay by $1,000 or more. **The 1099 threshold dropped to $600, and the IRS is matching forms.** Payment processors and gig platforms now send a 1099-K for anything over $600, down from $20,000 in prior years.

That means your casual weekend reselling side gig is on the government's radar.

The IRS cross-checks these forms against what you report, so leaving income off your return is a fast track to a letter. **Set aside money now, not in April.** A simple rule: move 25 to 30 percent of every payout into a separate savings account the moment it hits your bank.

If you earned $20,000 on the side, that's roughly $5,000 to $6,000 reserved for federal income tax and self-employment tax.

But it beats a payment plan with interest. **Quarterly payments can save you a penalty.** If you expect to owe $1,000 or more for the year, the IRS wants estimated payments four times a year.

Miss them and you get hit with an underpayment penalty, even if you pay in full by April 15.

Mark your calendar for the mid-April, mid-June, mid-September, and mid-January deadlines. **Deductions are where the real money hides.** Beyond mileage, gig workers can write off phone bills, a home office, health insurance premiums, and even the portion of your car loan interest tied to business use.

When in doubt, ask a tax preparer who specializes in 1099 income.

One more thing: some states now offer free filing through the IRS Direct File program, and many Volunteer Income Tax Assistance sites will help filers under a certain income threshold at no cost.

You do not have to pay a preparer to hand over a chunk of your refund.

The gig economy runs on thin margins, and the tax code was never designed with app-based work in mind.

Treating taxes as a monthly habit instead of a spring emergency is the difference between a manageable bill and a panic attack.

Final Thoughts

Set aside a little every week, track every mile, and you will keep far more of what you earn.

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