🐋
Welcome to
THE
Tax Whale
by Wealth With Eve
Access code provided at purchase · thetaxwhale.com
THE TAX WHALE
🐋 1099 Tax Tracker
2026

Your Money At A Glance

✅ Safe To Spend
?
$0
Income − Expenses − Tax Est. (0%)
Income $0
Expenses -$0
Est. Tax -$0
Total Income
$0
Year to date
Total Write-Offs
$0
Actual paid to date
Net SE Income
$0
After deductions
Est. Tax Owed
$0
Federal + state

Tax Savings Jar 🫙

Add To Jar
$
Total saved: $0.00

Tax Calculation

SE-taxable base (×92.35%)$0
Self-employment tax (15.3%)$0
Half SE tax (deductible)-$0
Standard deduction-$0
Federal taxable income$0
Federal income tax $0
State tax $0
TOTAL ESTIMATED TAX$0
Estimates only. Consult a CPA for your actual tax liability.
Includes all income, expenses, mileage, overtime + receipt photos
🔒 Your data never leaves this device. No servers, no data breaches, your numbers stay yours.
📱 This app is device-specific. Data saved here will not appear on other devices or desktops. Use Backup to transfer your data to a new device.
💡 Switching phones? Tap Backup first to save your data, then Restore on your new device.
📋 CPA Export includes all receipt photos — open on your phone to export.
TheTaxWhale.com · by Wealth With Eve
💰
Add Income
Log every payment you receive
Set-Aside Amount (auto)
$0.00
Based on your tax estimate
✍️
Add Expense
Log write-offs and subscriptions
IRS requires receipts for expenses over $75
🚗
Add Mileage
IRS rate auto-calculates your deduction
IRS Deduction · 70¢/mile (2026)
$0.00
Auto-calculated at IRS standard rate
⚠️ Mileage Rate DisclaimerThe IRS standard mileage rate is subject to change by federal law. Always verify at IRS.gov before filing. This app updates rates annually.
⏰
Add Overtime
Track your tax-free overtime premium
⚡ One Big Beautiful Bill — No Tax On OvertimeThe premium portion of overtime (the "half" of time-and-a-half) is deductible from federal income tax for 2025–2028. Single: up to $12,500/year. Joint: up to $25,000/year.
Total OT Pay
$0.00
Rate × Hours × 1.5
Tax-Free Premium
$0.00
The "half" — deductible!
Remaining Annual OT Deduction
$12,500.00
Max $12,500 single / $25,000 joint per year

Transaction History

Total Income
$0
Total Expenses
$0
Total Mileage
$0
OT Premium
$0

Settings

Tax Year & Filing
Tax Year
Filing Status
State & City Tax
State
State Tax Rate6.85%
City
City Tax Rate3.876%
Employment Type
Income Type
Set-Aside & Savings
Recommended %—
Already Saved ($)
Overtime (One Big Beautiful Bill)
Annual Max$12,500 (Single)
OT Used$0
OT Remaining$12,500
TheTaxWhale.com · by Wealth With Eve · All data stored on your device

Tax Reference

💡 Why Side Hustlers Get Surprised At Tax Time
At your W2 job your employer quietly covers half of your Social Security and Medicare taxes — you never see it leave your paycheck.

On your 1099 side hustle you pay the full 15.3% yourself — both the employee AND employer share. That's before federal income tax. Before state. Before city.

This is why the bill always shocks people. SafeToSpend calculates all of it in real time so you're never surprised.

2026 Federal Tax Brackets

SINGLE FILER
MARRIED FILING JOINTLY

Self-Employment Tax (SE Tax)

SE Tax Rate15.3%
Applied to92.35% of net income
Effective SE rate~14.1%
Social Security portion12.4%
Medicare portion2.9%
Half SE tax deductible✅ Yes
💡 W2 employees pay 7.65% — their employer covers the other half. As a 1099 worker you pay the full 15.3% yourself. That's why your set-aside % is higher than your tax bracket suggests!

2026 Standard Deductions

Single$16,100
Married Filing Jointly$32,200
Head of Household$24,150
Married Filing Separately$16,100

Overtime Deduction (2025–2028)

Single / HoHUp to $12,500
Married Filing JointlyUp to $25,000
What qualifiesPremium "half" only
⚡ One Big Beautiful Bill 2025 — The premium portion of overtime (the "half" of time-and-a-half) is deductible from federal income tax through 2028.

IRS Mileage Rates

202570¢ per mile
202670¢ per mile
Subject to change by IRS annually. Always verify at IRS.gov before filing.
All figures are estimates for planning purposes only. Tax laws change. Always consult a licensed CPA before filing.

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