✅ KEY TAKEAWAYS
- On $50,000 net income, Turo hosts owe approximately $11,565 total tax in 2026
- Quarterly estimated payment: $2,891 due April 15, June 16, Sep 15, Jan 15
- Depreciation, insurance, car maintenance, and cleaning fees are top Turo deductions
- Turo takes a 10–35% platform fee — deductible as a business expense on Schedule C
- Set aside 25–28% of gross Turo revenue — you are a 1099 contractor paying self-employment tax
2026 Tax Summary — Turo
Turo hosts pay 15.3% self-employment tax on net rental income, plus federal income tax. On $50,000 net income: approximately $7,065 SE tax + $4,500 federal income tax = $11,565 total tax. Quarterly estimated payment: $2,891. Set aside 25% of every payout. Depreciation, insurance, and maintenance are key Turo host deductions.