Your W-2 shows withheld income tax and the employer half of Medicare

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The W-2 that arrives in January should match your final pay stub W-2 employees split payroll tax with the employer while 1099 contractors pay both halves A W-2 job at the same rate beats a 1099 contract once the tax gap is counted Asking a staffing agency whether a role is W-2 or 1099 changes the real rate W-2 employees cannot deduct a home office after the 2017 tax change The merit raise pool is fixed before your review is written and the percentage shows it How much room is actually in a first salary offer before the recruiter stops moving? A three percent raise feels smaller once it lands as a percentage of salary Asking for a raise after a year of strong reviews: what number goes on the table A W-2 offer with a long contract period still counts as employment history