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Tax & Reports

Know Your Net Profit. Estimate Your SE Tax.

Open the Tax & Reports tab. Pick a quarter or a year. See your net profit, your estimated self-employment tax, your IRS-rate mileage deduction, and every expense category — all sourced from work you already logged.

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Tax & Reports

This Quarter Last Quarter Q1 2026
Q2 2026
Apr 1 – Jun 30 · Basis: Cash
Net Profit
$24,180
Estimated SE Tax
$3,415
15.3% × 92.35%
of net SE income
Income
61 paid invoices
$38,420
Expenses
9 categories
$11,260
Mileage Deduction
4,290 deductible mi
$2,874
Sales Tax Collected
on 61 invoices
$1,892

Estimates only — not tax advice. Consult your CPA before filing.


Sound Familiar?

Tax Time Is a Shoebox Full of Receipts

January rolls around. You owe estimated taxes. You don't know what you actually made. Your CPA wants documentation. You have a Notes app, a credit-card statement, and a guess.

Receipts in the Glovebox

Some are creased. Some are faded. Some you definitely lost. You're going to deduct what you can prove and pay tax on the rest — even though you spent the money.

Mileage Number You Made Up

You guessed at 12,000 business miles. Your CPA flags it as too round. You either deduct less than you drove or get audited for a number you can't substantiate.

$600 CPA Bill for Data Entry

Your CPA charges you to do what should already be done. Categorizing transactions. Adding up parts costs. Reconciling. You're paying tax-prep rates for bookkeeping work.

What You Get

A Tax View Built for the 1099 Mechanic

Not a generic accounting export. The four numbers your CPA needs to fill out Schedule C — net profit, income, expenses, and IRS-rate mileage — sourced from work you already logged.

Net Profit + SE Tax Estimate

A big-number Net Profit hero plus the Estimated Self-Employment Tax computed at the standard 15.3% × 92.35% formula. Walk into April knowing what you owe — not guessing.

IRS-Rate Mileage Deduction

Every business trip logged this year, computed at the current IRS standard mileage rate. Total miles, total deduction, and the rate cited — bulletproof if you're audited.

Parts Cost vs. Markup

Parts costs (deductible) separated from parts markup (revenue). The break-out most software smashes together — split for you so the deduction lines up.

Categorized Expenses

Tools, supplies, insurance, fuel, software, subcontractors — broken out by category so the CPA can drop them onto the right Schedule C line themselves.

Sales Tax Collected

If your state collects sales tax, it gets tallied automatically — total sales-taxable revenue, total tax, and a per-invoice breakdown for the state filing.

PDF + CSV Export

One clean PDF for the human eye. One CSV for whatever bookkeeping software your CPA runs. Email both straight from the app.

Quarterly & Annual Periods

Run quarterly reports for your estimated tax payments. Run an annual report for your return. Same categorization. No spreadsheets.


Sample Year

2025 in Four Numbers

A solo mobile mechanic running 5-7 jobs a day, all year. Here's what the report looks like — and what it saves you.

Income — every paid invoiceCash, card, Stripe — every payment marked received this year, totaled and ready for your CPA's gross-receipts line.
Expenses by categoryTools, supplies, insurance, fuel, software, subcontractors, parts — broken out so the CPA isn't sorting receipts.
Mileage deduction — IRS rateEvery business trip × the current IRS standard mileage rate. Backed by individual trip records you can export.
Net profit + SE tax estimateThe big number on the hero card, plus a side-row estimate of your self-employment tax. Visible all year, not just on April 14.
2025 Annual Report

Auto-categorized. PDF + CSV exported.

$142,840

Income

312 paid invoices · cash + Stripe

$45,030

Expenses (9 categories)

Parts, tools, software, insurance, supplies — split by category

17,164 mi

Mileage Deduction

$11,495 deduction at the IRS rate

$86,315

Net Profit

Estimated SE tax: $12,205

$8,640

Sales Tax Collected

For your state filing

Why It Pays

Tax-Time Math That Pays You Back

$3,500
Average mileage deduction recovered when every trip is captured at the IRS rate instead of "guesstimated."
$400+
Saved on CPA hours when your tax report is already categorized — no shoebox of receipts to sort.
0
Spreadsheets. The whole report exports to PDF and CSV in one tap.

Tax Reports FAQ

Answers for self-employed mechanics

Does Trackara Pro file my Schedule C for me?

No — Trackara Pro doesn't file taxes. What it does is hand your CPA the raw numbers Schedule C needs: net profit, total income, expenses by category, IRS-rate mileage deduction, and sales tax collected. Estimated SE tax is shown alongside so you know what you'll owe before April. Your CPA still files the return.

Does it use the IRS standard mileage rate?

Yes. Every mileage trip is computed at the current IRS business-mileage rate. The report shows total miles, total deduction, and the rate used so it's bulletproof if you ever get audited.

Can I export the report as PDF and CSV?

Yes. Generate a clean PDF for the human eye and a CSV for your CPA's software. Email it from inside the app — no spreadsheets, no copy-paste.

Can I run quarterly reports for estimated tax payments?

Yes. Quarterly, semi-annual, and annual reports — pick the period and the same categorized breakdown is generated. No more guessing what to send the IRS each April, June, September, and January.

Hand Your CPA the Finished Report.

No shoebox. No spreadsheet. No "I think I drove about 12,000 miles." Net profit, SE tax estimate, mileage deduction — all in one tap.

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