See the real take-home pay and true hourly rate for W-2 employment vs 1099 contracting — side by side, with nothing hidden.
The problem: A 1099 contractor earning "$50/hour" and a W-2 employee earning "$50/hour" take home wildly different amounts. The 1099 pays double FICA (15.3% vs 7.65%), buys their own health insurance, funds their own retirement, and gets no paid time off. Most comparison tools only handle a single income source — but the reality in 2026 is that millions of workers have BOTH a W-2 day job and 1099 side income.
This tool gives you: the honest truth. Side-by-side take-home, real hourly rates after ALL deductions, the exact break-even 1099 rate to match your W-2, and what your employer actually pays on your behalf. The "DoorDash $25/hr is actually $14/hr" moment.
| Category | W-2 | 1099 |
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Disclaimer: This calculator provides estimates for educational purposes only. It is not tax, legal, or financial advice. Calculations use simplified models — actual liability may differ due to AMT, NIIT, itemized deductions, tax credits, and other factors. W-2 calculations assume employer-provided health insurance and standard FICA withholding. State tax calculations use 2026 approximations and may not reflect all local taxes or surcharges. Always consult a qualified tax professional for advice specific to your situation.