1099's & W-2's Hi Everyone - I'm looking for some direction/advice/guidance.
Last year I filled jointly with my wife, but this year I am considering taking a different job and would be paid via a 1099 opposed to my old job under the W-2.
My question is how do I find out the equivalent 1099 pretax dollars I need to earn to equal my net earnings via my older W-2 based job.
Also, if I file next year having worked two jobs - 1 W-2 based and 1 1099 based how bad of a headache does this all cause. Keeping in mind my wife has her job that issues her a W-2.
Any help is greatly appreciated, as I am having trouble figuring out the answers to these questions else where on the net. |