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re: Full time employee to 1099

Posted on 12/5/14 at 4:10 pm to
Posted by 8thyearsenior
Centennial, CO
Member since Mar 2006
4280 posts
Posted on 12/5/14 at 4:10 pm to
I did the same thing last year and I paid like 6k in SE tax. It stung pretty good. I got really good health insurance for a family of 4 for $1200 a month which I write off. Get a good work with you accountant. You need to buy assets with your money so you can write stuff off otherwise you will pay a ton in taxes.
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