W-2 vs 1099

[R D <jaguarjam -at- yahoo -dot- com>]

Hi Everyone-

I just negotiated an hourly rate on W-2. The recruiter
just called to notify me that the rate would be on a
1099. As far as I know, I would have to pay an
additional 7.5% for SS taxes plus they get out of
paying unemployment tax of 10 to 15%. Is there
anything else I need to be aware of?

Thanks-
RD


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