Interactive Tax Calculator
How Much Tax Do Turo Hosts Pay in Minnesota?
Minnesota has a 9.85% state income tax rate. Turo hosts in Minnesota must make both federal and state quarterly estimated tax payments.
Car-sharing income is generally self-employment income subject to Schedule C reporting and self-employment tax. — IRS Self-Employed Tax Center
| Annual Net Income | SE Tax | State Tax | Federal Tax | Total Est. |
|---|---|---|---|---|
| $10,000 | $1,413 | $985 | $1,227 | $3,625 |
| $25,000 | $3,532 | $2,463 | $3,067 | $9,062 |
| $50,000 | $7,065 | $4,925 | $6,134 | $18,124 |
| $75,000 | $10,597 | $7,388 | $9,201 | $27,186 |
| $100,000 | $14,130 | $9,850 | $12,267 | $36,247 |
Top Turo Deductions in Minnesota
- Vehicle maintenance
- Insurance premiums
- Depreciation
- Car cleaning & detailing
- Parking costs
- Turo platform fees
- Phone (business use)
- Home office