FreelancePick

W-2 vs Freelance: What's the Real Equivalent?

A true apples-to-apples comparison between a salaried job and freelancing — including taxes, benefits, and hidden costs.

W-2 Employee

Annual value of employer-paid coverage

4% match = $3,600/year

Life insurance, gym, FSA, commuter, etc.

Freelance / Self-Employed

Equipment, software, home office, etc.

Tax Information Notice

This content is for informational and educational purposes only. It does not constitute tax, legal, or financial advice. Tax laws change frequently. Always consult a qualified CPA or Enrolled Agent for your specific situation.