Viewing a single comment thread. View all comments

nottoodrunk OP t1_j9gghh7 wrote

Reply to comment by nattarbox in Anyone have any advice on working 1099 in MA? by nottoodrunk

This is exactly the type of insight I was looking for, thank you so much! My tax person is currently a family friend, I’ve been working with him since I graduated college so I feel like I’m a good spot there already. If you don’t mind me asking, how much did your health insurance cost increase by percentage wise?

2

nattarbox t1_j9gjmcv wrote

I'd guess about 4x increase on insurance. ~$300 for my contribution to an employer plan, vs. about $1200 now, plus whatever dental costs. Also on a mid-tier plan, vs the premium one offered by the employer. That's for two people.

But again, insurance is 100% deductible, and so are most of your out-of-pocket medical/dental expenses, so ends up being not so bad. Still sucks to write the check.

2