Скачать или смотреть 1099 vs W-2 The Tax Differences Every Worker Must Know

Most taxpayers have no idea how different the tax rules are for gig workers compared to full-time employees - and those differences can literally cost you thousands.
This visual breaks it down clearly:
GIG WORKERS (1099)
✔️ No taxes withheld automatically
✔️ Pay full 15.3% self-employment tax
✔️ Must file quarterly estimated taxes
✔️ Can deduct business expenses
✔️ Must track all income, miles, receipts
✔️ Higher risk of owing at year-end
FULL-TIME EMPLOYEES (W-2)
✔️ Taxes withheld by employer
✔️ Employer pays half of Social Security + Medicare
✔️ No quarterly taxes (typically)
✔️ Fewer deductions
✔️ Employer handles payroll records
✔️ Lower risk of underpaying taxes
Understanding these differences helps you:
• plan ahead for tax bills
• avoid underpayment penalties
• keep more of your hard-earned money
• properly track deductions
• choose the right work structure for your goals
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