Free Tool

W2 vs 1099 Take-Home
Side-by-side, after taxes & benefits

Compare what actually lands in your bank account on a W2 medical sales role versus a 1099 independent rep agreement. Models self-employment tax, deductible business expenses, retirement, and benefit offsets.

Estimator only. Always confirm with a CPA before structuring an offer.

Shared inputs

Annual gross income (OTE)State income tax rate (%)W2 401(k) employee contribution (%)

W2 employee inputs

Annual health premium (your share)Employer 401(k) match (%)

1099 independent inputs

Deductible business expensesMarketplace health premiumSolo 401(k) total contribution (%)

Business expenses typically include car, phone, home office, supplies, software, conferences, and CRM/tools.

What this tool assumes

Single filer using the standard deduction (2024 = $14,600).
Federal tax via 2024 single-filer brackets (illustrative).
State tax is a flat % applied to taxable income — your state may differ.
Self-employment tax = full Social Security + Medicare on 92.35% of net earnings; half is deductible.
QBI applied as a simplified 20% deduction (subject to real-world phase-outs above ~$200K).
No HSA, FSA, capital gains, or non-employment income modeled.