Tools, materials, miles — handled, for 1099 construction contractors.
Independent tradespeople and 1099 subcontractors get no employer benefits. Gigaverse tracks your tools, materials, and job-site mileage, handles quarterly taxes, and auto-saves for retirement.
Connects with the platforms you already use
Tools, materials & equipment
Tools, materials, equipment rental, and safety gear are deductible business expenses; larger equipment may be written off immediately via Section 179. Gigaverse tracks and categorizes them on Schedule C. Amounts depend on your situation.
Job-site mileage
At the 2026 IRS standard mileage rate of $0.725/mi, business miles add up fast. Many gig drivers miss thousands in mileage deductions each year; Gigaverse auto-tracks every business mile so the write-off is there at tax time.
Retirement without a company plan
The PRActicle™ is a portable Roth IRA opened through a FINRA/SIPC-member broker-dealer that auto-invests a percentage of every payout. Contributions are post-tax, grow tax-free, and qualified withdrawals are tax-free. It follows you across every platform and client — no employer 401(k) required.
Quarterly taxes, handled
As a 1099 subcontractor you owe estimated taxes four times a year. Gigaverse estimates each payment from your net income and reminds you before the deadline.
Construction Contractor questions, answered
What can a 1099 construction contractor deduct?+
Tools, materials, equipment and rental, safety gear, job-site mileage at $0.725/mi (2026), and a business percentage of your phone on Schedule C. Gigaverse categorizes these automatically.
Do subcontractors owe quarterly taxes?+
Yes — with no withholding on 1099 pay, you generally owe estimated taxes four times a year, including 15.3% self-employment tax. Gigaverse estimates each payment so you avoid IRS underpayment penalties.
Can construction contractors open a retirement account?+
Yes — the portable PRActicle™ IRA (via a FINRA/SIPC-member broker-dealer) auto-saves from each payout. Higher earners may prefer a SEP or Solo 401(k); compare with our calculators.
Gigaverse is built for every kind of independent worker
Free calculators for construction contractors
Ready to keep more of what you earn?
Free to open Instant pay Portable IRA
Gigaverse is not a bank. Brokerage services are provided through a FINRA/SIPC-member broker-dealer. Tax outcomes depend on your individual circumstances; Gigaverse does not guarantee any specific savings.