<prompt> Human: Im trying to do some calculations and understanding of the offer is worth the extra taxes as a 1099. Pay raise is 21 over current w2 position.What would the percentage of compensation to make up for the difference in taxes?Assistant: It depends on how much money youll make, what kind of deductions and credits you can claim, and what the tax laws are in your state.But you should expect your taxes will go up by at least 7.5. Probably more.21 will probably cover any increase in taxes youll see. But dont forget to take into account any healthcare, retirement, and any other benefits you might get. Youll likely lose those if you go 1099.Human: Waiting on the whole contract so I can go over but I do believe health insurance is offered and 401k matching. Though no vacation just waiting on a few more pieces of info before I jump to accept.  <response>: Remember vacation could be 10 depending on how muvh time off. It doesnt sound right to get healthcare and 401k as 1099 