Thank you, first of all, for this great resource.

I will try to keep things simple to get my question across without too much confusion :)

I am looking at 2 places of work to potentially join when my training is completed.

Job A - Salary based, provides benefits, W-2 ...

Job B - W-2 likely, but possible 1099 ... No benefits covered - however, office expenses such as computer/supplies can be submitted to office for deduction from GROSS income (thus, essentially tax write-off) ...

If I get the option to structure things with them to qualify for 1099, what benefits are there for me as a 'consultant' rather than employee (since they are deducting some costs for me ...) ... I would think that there are more things to deduct as a consultant that would be more than just the few expenses I could 'deduct' through their office ...

Please outline some benefits to 1099 ... If I'm a consultant do I get to write off ALL daily business miles for the consulting (not just miles to a 'non-commute' location which I now already deduct as a regular employee in fellowship)? ...

Thanks ...

When you switch from a W-2 to a 1099, you get to write off your professional expenses directly against that income. It's a little easier to save some taxes for thos costs, plus your car and your home office.

You can also fund a self-employed retirement plan each year based on your profit.

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