Python scripts
1099 vs W-2 Net Take-Home Simulator: Compare Monthly Pay After Tax
See what a contract offer is really worth against a salary: federal tax, payroll tax, self-employment tax and state tax side by side, and the 1099 amount that matches your W-2 take-home.
$29 one time · example and blank copies · download link by email
Who it is for
Anyone weighing a contract against a job, and bookkeepers or advisors who field that question.
Why it is different
- Shows both halves of payroll tax, so the contractor's real cost is visible.
- State tax is your choice: the NJ tables, or any flat rate you enter from your state's own tax department.
- Lists what it does not count (benefits, time off, unemployment coverage) next to the answer.
What is inside
- The script. Salary, contract revenue, expenses, pre-tax benefits and state in; monthly net for each side out.
- Break-even amount. Finds the contract revenue that matches the W-2 take-home.
- 2026 data file. The same sourced tax data file as the estimator.
- Example input. A made-up example to copy.
Get it
1099 vs W-2 Net Take-Home Simulator (Python)
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Delivered as a zip of Python scripts with sample files. Needs Python 3.8 or newer. A planning estimate, not tax, legal or accounting advice. Whether a worker is a contractor or an employee depends on the facts of the relationship. No result is promised. Payment is handled by Stripe. If a file will not open or something looks wrong, reply to your order email and we will make it right.
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