I am considering a switch in jobs from traditional W-2 employee to 1099 independent contractor work.
In general, should I expect the same gross income to result in higher taxes as a self employed individual? (Obviously there’s a lot of caveats related to business write offs, solo 401K etc.)
In general, should I expect the same gross income to result in higher taxes as a self employed individual? (Obviously there’s a lot of caveats related to business write offs, solo 401K etc.)
Statistics: Posted by dcr1984 — Thu Jul 04, 2024 3:26 pm — Replies 5 — Views 379