How It Works Under the Hood
Computes annual earnings using standard 2,080 annual work hours for full-time W2 employees while adjusting for unpaid vacation, holidays, and 15.3% SECA self-employment taxes for 1099 contractors.
Step-by-Step Instructions
Adjust the Hourly Rate slider to your target wage.
Set expected billable hours per week and annual vacation weeks.
Review the W2 vs 1099 breakdown comparing take-home pay.
Check your "Breakeven 1099 Rate" to know what to quote clients.
Key Features & Performance
- W2 vs 1099 Tax Comparison: Direct side-by-side calculation of employee vs contractor taxes
- Breakeven Rate Recommendation: Factor in unpaid bench time and healthcare costs
- Interactive Sliders: Dynamic updates for hourly, weekly, bi-weekly, and annual pay
- Zero Server Tracking: Financial figures remain 100% private in your browser
Local Browser Processing & Privacy
Traditional web converters upload your documents, snippets, or media files to remote servers. Freelance Hourly to Salary & 1099 vs W2 Calculator runs inside your browser tab:
Your input text and files are processed locally without uploading payloads to a processing server.
Microdeck does not log or store the files or inputs you paste into tool workspaces (normal static hosting/CDN requests still load page assets).
Working outputs stay in your browser tab and are released when you reset the tool or close the tab.
Frequently Asked Questions
Why must a 1099 contractor charge more per hour than a W-2 employee?
1099 contractors pay both halves of FICA (15.3% SECA), receive no employer-subsidized health insurance, get 0 paid vacation or sick days, and experience unbillable administrative hours.
How many working hours are there in a standard year?
A standard 40-hour work week consists of 2,080 hours per year (52 weeks x 40 hours).
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