W2 vs 1099 Tax Calculator

Compare the true tax burden of being an employee vs an independent contractor.

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W2 vs 1099

Enter the income amount and tax details.

Net after all taxes
W2 wins by $0
W2 net: $0 · 1099 net: $0

Worked example

With the default inputs shown below, this calculator returns the following results:

InputValue
Total income ($)$100,000
Federal tax rate (%)17%
State tax rate (%)5%
Business expenses (1099 only) ($)$10,000
W2 benefits value ($)$15,000
ResultValue
Net after all taxesW2 wins by $27,867

Values shown are produced by this page in your browser; change any input to update them.

How to use the W2 vs 1099

  1. Total income ($) — default $100,000
  2. Federal tax rate (%) — default 17%
  3. State tax rate (%) — default 5%
  4. Business expenses (1099 only) ($) — default $10,000
  5. W2 benefits value ($) — default $15,000
  6. Press Calculate to update the results instantly.

Frequently asked questions

Sources & references