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Lokay
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magorkhe1 2643 days ago

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 Independent Contractor -1099 vs W2
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Posted on 01-22-17 1:48 PM     Reply [Subscribe]
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Hello friends in IT,
Has anyone worked on 1099? What is it and at what scenario is it a better option than W2?

I have been working in W2 for a consulting company. On occasion, during a job search, vendors ask to work on their W2 or as Independent contractor. I understand W2 is an employee and 1099 is self employee are different by tax.

At what scenario is it a better option than W2?
 
Posted on 01-22-17 2:08 PM     [Snapshot: 14]     Reply [Subscribe]
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Here is your answer:

https://www.irs.gov/businesses/small-businesses-self-employed/independent-contractor-self-employed-or-employee
 

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