Going from W2 Statutory to 1099 questions What is the correct way to figure out how much more money we need to ask for to not have a net loss with this switch in pay structure? My wife is going from a W2 statutory employee making $63k from a single employer to a W2 employee for one business at $30k and a 1099 contractor for a separate but related business at $33k per year. On paper her …