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2026

Earnings Overview

Total Earned
$0
Pending Payments
$0
Set Aside for Taxes
$0
Your Take-Home
$0

This Month

Orders
0
Earned
$0

Expenses This Year

Total Expenses
$0
Net Profit
$0

💡 Tax Tip

As a self-employed cookie business, you should save about 25-30% of your earnings for taxes. This app calculates it for you automatically!

2026

Your Tax Breakdown

Total Income$0
- Business Expenses$0
Net Profit (Taxable Income)$0
Self-Employment Tax (15.3%)$0
Estimated Income Tax$0
Total Estimated Taxes$0

What You Should Save

Save This % of Earnings
0%
Per $100 Earned, Save
$0

Quarterly Tax Payments

The IRS wants self-employed people to pay taxes 4 times a year. Here's what to send each quarter:

Business Expenses (reduces your taxes!)

Track ingredients, packaging, supplies, etc. These lower the amount you owe in taxes.

📋 What is Self-Employment Tax?

When you work for yourself, you pay both the employer and employee share of Social Security & Medicare taxes — that's 15.3% of your profit. This is on top of regular income tax.

⚠️ Quarterly Estimated Taxes

If you expect to owe more than $1,000 in taxes for the year, the IRS wants you to make quarterly payments. The due dates are:
Q1: April 15   Q2: June 15
Q3: September 15   Q4: January 15 (next year)

You can pay online at irs.gov/payments — use "Estimated Tax" or IRS Direct Pay.

💰 Common Deductions for Cookie Businesses

You can deduct things you buy FOR the business:
• Ingredients (flour, sugar, butter, etc.)
• Packaging & boxes
• Baking supplies & tools
• Delivery costs / gas for drop-offs
• Business portion of your phone bill
• Facebook/Instagram ad costs
• Kitchen equipment
• Labels, stickers, branding materials

Keep all receipts! Upload photos of them here.

📱 Payment Apps & Taxes

Zelle, Cash App, Venmo, and Apple Pay may send you a 1099-K form if you receive over $600 in a calendar year. This gets reported to the IRS.

Zelle does not currently report to the IRS, but you're still required to report the income.
Cash App, Venmo, PayPal will send 1099-K forms for $600+.

Account

Signed in as:

Tax Settings

Receipt Gallery

All uploaded payment screenshots in one place.

Data Management