TravelNurseTax

W2 vs 1099 Travel Nurse Calculator

Compare real after-tax take-home pay between a W2 and a 1099 contract. Accounts for self-employment tax, the SE tax deduction, stipends, and multi-state taxes.

These calculations are estimates for planning purposes only and do not constitute tax advice. Tax situations vary significantly by individual. Consult a qualified travel nurse tax professional before making financial decisions.

W2 Contract

Your hourly rate subject to income tax (not stipends)

$

Tax-free if you have a valid tax home

$

Meals & incidental expenses

$

1099 Contract

Your total pay per hour — typically no separate stipends

$

Deductible expenses (housing, travel, etc.) — reduces SE tax

$
As a 1099 contractor you pay the full 15.3% self-employment tax (vs 7.65% as a W2 employee). You can deduct half of SE tax and legitimate business expenses.

Shared Details

Affects whether W2 stipends are tax-free