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1099 vs. W-2 Employee: What’s the Difference and What Does It Mean for Your Taxes?

There are two main types of workers when it comes to income taxes — 1099 contractors and W-2 employees. While W-2 employees ...
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W-2 or 1099? How the Way You’re Paid Changes Your Taxes (and Benefits)

Every year, filing your taxes feels like stirring an alphabet-and-number soup of forms. It’s hard to keep track of them all, but the most common forms seem to be the W-2 and the 1099. You know they ...
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I asked ChatGPT to explain the difference between W-2s and 1099s like I'm 12 -- here's what it said

Tax season seems to come with its own language. There are so many terms to learn: credits, deductions, adjusted gross income, modified adjusted gross income, filing status, estimated taxes. Even the ...