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A comment on $100k/year still might not be enough to buy a home. Parent comment

Re:$100k/year still might not be enough to buy a home by sjdb77 on Tuesday October 15, 2019 @02:35PM (#21262030)
I'm not familiar with how freelancing income is different than other forms of income...isn't that just a regular 1099? Are you saying you didn't receive a tax refund during tax season?
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Re:$100k/year still might not be enough to buy a home by anonuser123456 on Tuesday October 15, 2019 @03:30PM (#21262671)
1099 income you pay full amount of payroll tax. W2 your employer kicks in 1/2.
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Re:$100k/year still might not be enough to buy a home by icedchai on Tuesday October 15, 2019 @03:42PM (#21262812)
You need tax deductions: expenses, SEP IRA contributions, home office space, utilities, etc.. You'll get that 1099 income down real quick.
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