PleAse help. I have a choice. I can either have my employer pay me as w2 or 1099. I have a 401k with 3% match and a employer profit sharing which is about 5-6k some years 3k. It varies. I also have health insurance and medical malpractice insurannce ( that comes out to 20k each) I make in the high 6 figure range. My tax professional says that I probably should opt for 1099 because I get more deductions. Just seem scary to turn away from benefits just so I can have a higher deductions. Does anyone have advice on this matter.
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