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  4. 1099 vs W-2 Calculator
Free Tool
2026 Tax Year

1099 vs W-2 Calculator

Compare your take-home pay as a 1099 contractor versus a W-2 employee. See the real difference.

Your Details
10 hrs60 hrs

You keep $1,845 more per year as W-2

That's $154/month or $1.01/hour more in your pocket

As W-2 Employee

Employer handles half your payroll taxes

Gross Pay$32,760
FICA (7.65%)$-2,506
Federal Tax$-1,888
State Tax (TX)$-0

Total Taxes-$4,394
Take-Home Pay$28,366

Effective tax rate: 13.4%

As 1099 Contractor

You pay all payroll taxes yourself

Gross Pay$32,760
SE Tax (15.3%)$-4,629
Federal Tax$-1,610
State Tax (TX)$-0

Total Taxes-$6,239
Take-Home Pay$26,521

Effective tax rate: 19.0%

Monthly & Hourly Breakdown
PeriodW-2 Take-Home1099 Take-HomeW-2 Advantage
Annual$28,366$26,521+$1,845
Monthly$2,364$2,210+$154
Per Hour$15.59$14.57+$1.01
What About Benefits?

W-2 employees get protections and perks that 1099 contractors have to pay for out of pocket, or go without entirely.

Health, dental & vision eligibility
Workers' compensation coverage
Unemployment insurance eligibility
No quarterly estimated tax filings
Employer handles payroll taxes

Keep more of what you earn

W-2 staffing apps offer shifts in warehousing, hospitality, and more. You pick your schedule, and keep the tax and benefits advantages of W-2 employment.

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Frequently Asked Questions

Related Tools

Paycheck Calculator

Calculate your take-home pay after taxes

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Tax Calculator

Estimate federal and state taxes

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Benefits Eligibility Checker

Check eligibility for state and federal benefits

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Estimate Only

This calculator provides estimates for educational and planning purposes only. Results are based on general data and may not reflect your specific situation. Tax laws, rates, and regulations change frequently. Always consult a qualified tax professional or financial advisor before making financial decisions.

Last updated: 2025-01-10

Indeed Flex Data Research Team

Last updated: April 16, 2026

Reviewed by Indeed Flex Compliance Review

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