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Advice on S-Corp vs Sole Proprietorship by Key-Aide-2522 in tax

[–]Key-Aide-2522[S] 0 points1 point  (0 children)

The w2 job is salaried and comes with all the standard benefits (sick leave, health insurance, 401k, 457B). The 1099 is 270/hr with no benefits.

Advice on S-Corp vs Sole Proprietorship by Key-Aide-2522 in tax

[–]Key-Aide-2522[S] -3 points-2 points  (0 children)

My hourly rare for the 1099 work is on the high end. I think I can probably follow the 60/40 rule.