Verified Formula, Methodology & Frequently Asked Questions: 1099 Independent Contractor vs W-2 Salary Calculator
Compare a W-2 salary (with health benefits, 401k match, PTO, and employer FICA) against a 1099 hourly rate (with write-offs and QBI deduction).
Verified Mathematical Equation: Net 1099 Value = Gross Billings − Deductible Expenses − 15.3% SE Tax − Income Tax (after 20% QBI Deduction)
Frequently Asked Questions (FAQ)
How does the 1099 Independent Contractor vs W-2 Salary Calculator work in 2026?
Compare a W-2 salary (with health benefits, 401k match, PTO, and employer FICA) against a 1099 hourly rate (with write-offs and QBI deduction). It uses the industry-standard formula (
Net 1099 Value = Gross Billings − Deductible Expenses − 15.3% SE Tax − Income Tax (after 20% QBI Deduction)) and updates your KPIs, visual breakdown bar, and comparison table at 60fps as you type or drag the sliders.How can I share my exact scenario with a client, partner, or spouse?
Click the 🔗 Share Scenario Link button at the top of the page. It encodes every input you entered directly into a custom URL so anyone who clicks your link sees your exact numbers immediately.
Is my financial data private and does this work offline?
Yes—100% of calculations happen locally inside your browser using JavaScript. No personal or financial inputs are ever transmitted to an external database.
Can I embed the 1099 Independent Contractor vs W-2 Salary Calculator on my own website or client portal?
Yes! Click </> Embed on Your Site (Free) above to copy a clean, responsive
<iframe> widget that automatically adapts to any screen size.