2026 tax year · Wyoming
Rental host taxes in Wyoming
Airbnb, Turo and the rest report your gross and withhold nothing. The gap between that and what you are taxed on is your costs, in Wyoming that gap is worth $2,252 in tax.
Take a driver who grossed $39,000 over 18,000 business miles. After mileage at 74.3 cents and the rest of the stack, worked through on the rental host page $10,100 comes off and $28,900 is left as taxable profit. That profit is what Wyoming and the IRS charge against.
What that leaves you owing in Wyoming
| Self-employment tax | $4,083 |
| Federal income tax | $861 |
| Wyoming income tax | $0, no state income tax |
| Total tax | $4,944 |
| Effective rate on gross | 12.7% |
Earning more in Wyoming
A single filer taking the standard deduction, this work as the only income, the calculator above handles the other filing statuses. Miles rise with earnings, so the deduction rises too, and the effective rate on gross climbs more slowly than it would for someone whose income grew without expenses attached:
| Volume | Gross | Mileage off | Taxable profit | Wyoming tax | Total tax | Rate on gross |
|---|---|---|---|---|---|---|
| Part-time | $13,000 | $0 | $13,000 | $0 | $1,837 | 14.1% |
| Steady side income | $39,000 | $0 | $39,000 | $0 | $7,196 | 18.5% |
| Full-time | $63,000 | $0 | $63,000 | $0 | $12,729 | 20.2% |
Wyoming specifics that change the number
Wyoming levies essentially nothing comparable to the business taxes of the other no-income-tax states: no franchise tax on income, no gross receipts tax, no commerce tax. The state sales tax is 4% with county option taxes on top (6% total in most counties), which makes Wyoming about as light as state taxation of the self-employed gets.
Local taxes on a Wyoming let
The income tax below is only part of it. Short-term lets attract occupancy, lodging or transient taxes levied by the city or county rather than Wyoming, often at rates that dwarf the state income tax. Some platforms collect and remit them; some collect only part; in some places the host is on the hook entirely. That is a local question this calculator cannot answer, and it is the one hosts most often get wrong.
On $28,900 of profit, what the states around Wyoming would charge:
| State | Its tax | vs Wyoming |
|---|---|---|
| South Dakota | No income tax | same |
| Montana | $700 | +$700 |
| Nebraska | $1,014 | +$1,014 |
| Colorado | $1,156 | +$1,156 |
| Utah | $1,301 | +$1,301 |
| Idaho | $1,532 | +$1,532 |
- South Dakota works out the same as Wyoming on this income.
- Montana would take $700 more, $700 against Wyoming's $0.
- Nebraska would take $1,014 more, $1,014 against Wyoming's $0.
- Colorado would take $1,156 more, $1,156 against Wyoming's $0.
- Utah would take $1,301 more, $1,301 against Wyoming's $0.
- Idaho would take $1,532 more, $1,532 against Wyoming's $0.
Rental host tax questions in Wyoming
How much should a Wyoming host set aside?
About 12.7% of gross on the $39,000 example, $4,944 across self-employment tax, federal income tax and nothing to Wyoming. In practice that means moving about $127 of every $1,000 payout into a separate account the day it lands, and sending roughly $1,236 to the IRS each quarter, no platform withholds any of this for you. Set aside from each payout rather than finding it in April.
Does the $39,000 on my 1099-NEC match what Wyoming taxes?
No. Wyoming taxes profit, not gross. After $10,100 of deductions the taxable figure is $28,900, so there is no Wyoming tax either way. But the federal side drops by $2,252. The form reports what the platform paid out, it knows nothing about your costs, and no one subtracts them for you. On this example 26% of the gross never becomes taxable income, but only for the host who kept the records to prove it.