1099 vs W2 Pay Calculator

Trying to decide between a 1099 contractor role and a W2 employee position? TaxMate's 1099 vs W2 Pay Calculator shows you the REAL difference in take-home pay — not just the salary numbers.

WHY THIS APP?
Most job offers only show gross pay. But 1099 contractors pay self-employment tax (15.3%) and get no employer benefits, while W2 employees get taxes withheld automatically plus health insurance, PTO, and 401k matching. This app does the math for you.

KEY FEATURES
✓ Side-by-side comparison — Enter your rate as W2 or 1099 and instantly see take-home pay for both
✓ Self-employment tax calculator — Automatically factors in the 15.3% SE tax for 1099 income
✓ Benefits value estimator — Converts health insurance, PTO, and 401k match into real dollar value
✓ Reverse calculator — "What 1099 rate do I need to match this W2 salary?"
✓ Federal & state tax estimates — Get a realistic picture of your actual take-home
✓ Simple, fast interface — No sign-up, no clutter, just answers

WHO IS THIS FOR?
- Freelancers evaluating job offers
- Employees considering a switch to contracting
- Gig workers comparing pay structures
- Anyone confused about "which pays more"

Make informed career decisions with real numbers, not guesswork. Download now and know your true worth.