Anyone know of a calculator that helps people see the tax implications between W2 employment and Self Employment. For example say I make $100k/year as a contractor/self-employed vs $80k/year as a W2 salaried employee. It would be great to have a calculator that could show how much tax I would have to pay as a contractor vs as a W2.
I don't need anything that compares benefits like health insurance, life insurance, etc ... Really just looking to compare salaries and tax implications. Thank you.