Wyoming Side Hustle Tax Calculator
Wyoming has no state income tax. Calculate your federal self-employment tax instantly.
Last updated: January 2026 · Data from IRS Rev Proc 2024-40
Great news for Wyoming side hustlers: The Cowboy State has no state income tax. Whether you're freelancing in Cheyenne, running an online business from Jackson, or consulting from Casper, you won't owe any state income tax on your earnings. Wyoming is one of the most tax-friendly states in the nation for self-employed individuals.
How Side Hustle Taxes Work in Wyoming
Wyoming is one of nine states with no state income tax:
**What Wyoming side hustlers pay:** - **Federal self-employment tax**: 15.3% on net earnings - **Federal income tax**: 10% to 37% based on total income - **Wyoming state income tax**: $0
**Additional benefits:** - No corporate income tax - No inheritance or estate tax - One of the most business-friendly states - Low cost of living compared to neighboring Colorado
What Wyoming Side Hustlers Owe
Let's say you're a single filer in Cheyenne with a $50,000 W-2 job and $16,000 in side hustle income from freelance software development, with $2,500 in business expenses.
**Your estimated taxes on the side hustle:** - Net self-employment income: $13,500 - Federal SE tax (15.3% of 92.35%): ~$1,909 - Federal income tax on side income: ~$2,970 (22% bracket) - Wyoming state tax: $0 - **Total additional tax: ~$4,879**
Compare this to Colorado where you'd owe an additional ~$594 in state taxes.
Wyoming Tax Deadlines 2025
Since Wyoming has no state income tax, you only track federal deadlines: - **Q1**: April 15, 2025 - **Q2**: June 16, 2025 - **Q3**: September 15, 2025 - **Q4**: January 15, 2026
Use IRS Form 1040-ES for federal quarterly estimated payments.
Common Deductions for Wyoming Freelancers
Even without state income tax, maximize federal deductions: - Home office deduction - Vehicle expenses (67 cents/mile for 2025) - Equipment and supplies - Professional services - The 20% QBI deduction is especially valuable with no state tax
Wyoming Side Hustle Tax FAQ
Does Wyoming have income tax on side hustles?
No, Wyoming has no state income tax at all. Your side hustle income is only subject to federal self-employment tax (15.3%) and federal income tax.
Do I need to file Wyoming state taxes?
No, since Wyoming has no state income tax, there's no state return to file. You only file federal taxes.
How does Wyoming compare to Colorado?
Wyoming has a significant tax advantage. Colorado has a 4.4% flat tax, so Wyoming freelancers save that entire amount on state taxes annually.
Related State Calculators
Like Wyoming, these states also have no state income tax, making them attractive for side hustlers and freelancers.
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This calculator provides estimates only. For personalized advice, consult a qualified tax professional.
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