See your true take-home pay as a 1099 contractor vs. W-2 employee after self-employment tax, federal income tax, health insurance, and employer benefits.
A 1099 contractor pays 15.3% self-employment tax vs. 7.65% FICA for W-2 employees (the employer pays the other half). The break-even 1099 rate is typically 20–30% higher than an equivalent W-2 salary once you account for SE tax, health insurance, retirement, and lost benefits. A $90k W-2 is roughly equivalent to a $115k–$120k 1099 rate.