Instacart is a peer-to-peer grocery delivery service that allows customers to order groceries online and have them delivered to their homes. Instacart operates as an independent contractor, and as such, the company does not have to pay taxes on its income.
In 2017, Instacart generated $3.3 billion in revenue, and the company expects to generate $4.5 billion in revenue in 2018.
Based on these figures, it is clear that Instacart is a lucrative business. However, because the company does not have to pay taxes on its income, it is possible to make a significant amount of money without paying taxes.
If you work as an Instacart delivery driver, you can earn an income of $20 per hour. If you work full-time, you can earn a total of $39,000 per year.
If you work part-time, you can earn a total of $24,000 per year. In addition, Instacart pays its drivers a $1 per hour bonus, which brings your annual income to $45,000.
Assuming that you do not make any additional income from other sources, it is possible to earn a total of $54,000 per year without paying taxes. This amount of money is enough to support a comfortable lifestyle without having to work a traditional job.
