W2 Vs 1099 edi best

[mummadi]

On 4/19/2022 at 4:58 PM, chandrabhai7 said:

I did some research

1099 lo 15.3% ( social security tax , Medicare tax ) self employment taxes kattali when you file taxes. This is on top of federal tax 

 

where as in W2 you employer will have have to pay 7.3% and you have to pay 7.3% employment tax. So that’s why employer will ask for more Cut and run the pay  roll

 

but advantage with 1099 you can do some expenses like rentals or car gas and telephone internet etc and also you get to keep money for whole year and  pay taxes only next year

Hey ba. I work for c2c and Consultancy ma cousin de. I work on H4 EAD currently.  He said he will give salary for e.g. 8000 anuko. 4000 emo w2 lo istha. 4000 emo 1099 lo istha annadu so i can have advantage ani.  Which one should i prefer. According to me w2 is post all taxes kada and 1099 lo i need to pay taxes on what i get kada.  

What is the advantage here for me in this scenario as opposed to getting entire 8000 on w2?  Also, Is my employer saving some more money here?