09/09/2026
💡 Tax Tip of the Day:
W-2 vs. 1099 — Know the Difference!
Getting paid for work doesn’t mean everyone is taxed the same way. 👀
📄 W-2 Employee: Your employer generally withholds federal income tax, Social Security, and Medicare from your paycheck.
📄 1099 Contractor: Taxes usually are not withheld for you. You’re responsible for reporting your income and may owe both income tax and self-employment tax.
That 1099 money might look real good when it hits your account 😂… but remember, Uncle Sam may still be waiting on his part!
Tina TheTaxLady 💛
Making taxes make sense, one tip at a time.