Financial Disclaimer
RealW2 is for estimation purposes only and does not constitute tax or financial advice. Consult a qualified tax professional for your specific situation.
Estimates Only
The calculations on this site are simplified models intended to help you compare W2 and 1099 scenarios at a high level. They use 2025 federal tax brackets, standard deductions, and approximate state tax rates (top marginal or flat rates). They do not account for every credit, deduction, phase-out, local tax, alternative minimum tax, or your complete financial picture. Your actual taxes and take-home pay will differ.
State Tax Simplification
State income tax is estimated using each state's top marginal or flat rate applied to taxable income. Progressive brackets, local income taxes, and state-specific deductions and credits are not modeled. High earners in progressive states may see a lower effective state rate than shown.
Not Professional Advice
Nothing on this site should be interpreted as tax, legal, accounting, or investment advice. Tax laws change frequently and apply differently to each person. Before making any employment, contracting, or financial decision, consult a licensed CPA, tax attorney, or financial advisor who can review your individual circumstances.
No Warranty
RealW2 is provided "as is" without warranties of any kind. We make no guarantee regarding the accuracy, completeness, or timeliness of the calculations or content. You use this tool at your own risk, and we are not liable for any decisions made or actions taken based on its output.