re: Starting job in July that is 1099 instead of W2. What should I be saving?

quote:

---

You can write a bunch off but you are still going to get screwed. I was 1099 in 13 and 14. In 14 I had my s Corp set up and wrote off almost 100k in stuff. My taxable income was 155 and I paid the Feds 47k. Every year I have been a w2 employee I've always done my taxes myself and never paid over 15%.

Tldr- you gonna get raped

---