Lokay
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Independent Contractor -1099 vs W2
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Lokay
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Posted on 01-22-17 1:48
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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?
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magorkhe1
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Posted on 01-22-17 2:08
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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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