Updated for 2026 (Filing 2025 Taxes)
From assembling furniture in Portsmouth to helping with moving in Manchester, TaskRabbit provides flexible income opportunities throughout the Granite State. However, independent contractors like TaskRabbits are responsible for managing their own taxes, which can seem daunting.
The IRS requires all TaskRabbit earnings to be reported as self-employment income on Schedule C (Profit or Loss from Business) when filing your federal tax return. Crucially, this income is also subject to self-employment tax, covering both Social Security and Medicare contributions, which are not automatically withheld by TaskRabbit. Accurate record-keeping throughout the year is essential for a smooth tax filing process.
New Hampshire offers a unique tax environment for gig workers. The state boasts no broad-based income tax, meaning TaskRabbit earnings are not subject to state income tax. This is a significant benefit compared to many other states. However, this does not exempt TaskRabbits from federal tax obligations. Federal income tax and self-employment tax still apply to all earnings exceeding $400. New Hampshire does levy taxes on interest and dividends, but these are generally not relevant to TaskRabbit income. Given New Hampshire’s reliance on property taxes to fund local services, it’s particularly important for TaskRabbits to accurately report income to ensure fair contribution to the overall tax base, even without a state income tax. Furthermore, while there's no state income tax, New Hampshire does have a Business Enterprise Tax (BET) and a Business Profits Tax (BPT). While most TaskRabbits will fall below the thresholds requiring these taxes, it's important to be aware of them as income grows. For detailed information on New Hampshire’s tax laws, please visit the New Hampshire Department of Revenue Administration: https://www.revenue.nh.gov/.
Key Warning: You cannot deduct both the standard mileage rate and actual car expenses like gas or repairs in the same year. Choose the method that yields the larger deduction.
This tax comprises two components: 12.4% for Social Security and 2.9% for Medicare. Unlike traditional employment, TaskRabbit (and other gig platforms) does not withhold these taxes from your earnings. Therefore, it’s crucial to proactively calculate and pay estimated taxes quarterly to avoid penalties at the end of the year. The 15.3% applies to net earnings – your total TaskRabbit income minus allowable business deductions – exceeding $400.
Estimate your taxes using current IRS rules.
đź“– Confused by these terms? Read the Manual →
*Disclaimer: This is a simplified estimate. Includes SE Tax, State Tax, and QBI Deduction impact. Consult a CPA.
Don't let the IRS take more than their fair share. Use the software built for TaskRabbits.
Start Filing Now →