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Usually I get to keep more of my 1099 income since I can deduct
various things, such as 55 cents a mile for commuting.
Agency W-2 rates seem to be at best 60% of the going 1099 rate.
On Tue, Dec 22, 2009 at 11:00 AM, Combs, Richard
<richard -dot- combs -at- polycom -dot- com> wrote:
> Yeah, but most of the difference between "great" and "not so great"
> becomes "quarterly estimated tax payment." ;-)
>
> Robert Lauriston wrote:
>
>> 1099 contracts, yeah, the pay can be great. W-2 through an agency,
>> after they take their cut, not so great.
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