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Re: W2 to 1099 conversion

Subject: Re: W2 to 1099 conversion
From: Michele Davis <michele -at- krautgrrl -dot- com>
To: "TECHWR-L" <techwr-l -at- lists -dot- techwr-l -dot- com>
Date: Wed, 08 Dec 2004 13:50:03 -0600


Deb, you should really speak to an accountant. We can't tell you what to do---we don't know your goals, expenses, if you work onsite, or off, what your deductions are, etc.

Get thee to a knowledgeable CPA.

Michele

--
Michele
612-824-3516
612-309-6903 (cell)
www.krautgrrl.com
www.krautboy.com
and the uber empyre



Deb Graham wrote:

I am also trying to figure out what to charge when moving from W2 to 1099
status. My question is about the 15% self-employment tax. As a W-2
employee,
I am already paying 7.5% of the tax, so wouldn't I need to add only
another 7.5% to cover the additional taxes?




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