which is better, w2 or 1099?
Asked by: emeka22uche
i am a caregiver working part time under an agency. the payroll choices are w2 and 1099. with w2 they are willing to pay me 110/day. On the other hand, with 1099 they are willing to pay me 120/day.
in regards with compensation, its a bit crappy because there is no medical or dental insurance. its just an insurance the agency will cover if any injury will happen at work (which unlikely to happen). Additional information(if it helps): i am single, independent, and a residence of chicago.
SHOULD I BE ON W2 OR 1099?