W-2 vs. 1099 vs. Corp-to-Corp (C2C) Calculator
Compare net take-home pay, total tax liability, business write-offs, and equivalent billing rates across employment structures.
Compensation & Filing
Deductions & Expenses (1099 & C2C)
Annual Business Expenses (Hardware, Home Office, Travel)
$12,000
Solo 401(k) / SEP-IRA Contribution
$20,000
W-2 Salary: 60%
Distribution: 40%
S-Corp distributions avoid 15.3% Self-Employment FICA tax.
W-2 Employee
StandardEmployer pays 7.65% FICA; standard deduction applied.
Net Take-Home
$0
Effective Tax:0%
Total Taxes:$0
1099 Contractor
QBI + SE Tax15.3% SE tax, QBI 20% deduction, business write-offs.
Net Take-Home
$0
Effective Tax:0%
Total Taxes:$0
Corp-to-Corp (S-Corp)
OptimalSalary + Distributions split to minimize FICA.
Net Take-Home
$0
Effective Tax:0%
Total Taxes:$0
Equivalent Hourly Rate Needed to Match W-2 Net Take-Home
Target W-2
$100.00/hr
Needed on 1099
$0.00/hr
Needed on C2C
$0.00/hr