How this calculator works
- Weekly gross = sum of all your weekly earnings.
- Annual gross = weekly gross × weeks worked.
- Monthly gross = annual gross ÷ 12.
- Net estimate = monthly gross minus your expense percentage.
1099 Income Estimator FAQs
Which weeks should I count?
Count only the weeks you actually work. Taking the average of the last 3 to 6 months is more accurate than one good week.
Do lenders use this number?
Lenders usually review your real bank deposits. This tool is a planning aid.
For information and planning only. Not financial, legal or tax advice. Results are estimates.
Ready to get back on the road?
Apply in about five minutes and see what you may qualify for.
Get started →