Business & farm

Illogical. from your salary there's a deduction for Social Security, Medicare and Income taxes.

if you work 2000 hours a year, you're paid around $82.50 per hour. Then there are the deductions for income taxes and other payroll taxes so your take home may only be around 70% or even less of your gross pay. With a 1099 there are no such tax deductions. 

 

other factors to consider is the number of hours you'll be working as an IC

 

with a W-2 your employer pays 1/2 the social security and medicare taxes (FICA). as a schedule C you pay 100%. but only on 92.35%. then you also get a deduction for the extra 1/2 you pay. it gets more complicated. You pay out of pocket for commuting to and from work for which you get no tax deduction. working from home you save the cost. as an employee there is no home office deduction but as self-employed if you set aside a specific area of your home used exclusively for your business, you can take a deduction for the use. 

 

another option might be an S-Corporation where only a reasonable portion of the profit must be taken out as a salary and would be subject to FICA and income taxes. the rest is subject only to income taxes. 

 

So what's a comparable rate is a matter of opinion.