W-2 vs. 1099 for Doctors: Which Saves More on Taxes?

Close-up of W-2 and 1099 tax forms with sticky note asking which saves more on taxes for doctors

Not all income is treated the same—especially when you’re a physician. Whether you’re working as a full-time W-2 employee or contracting as a 1099 independent doctor, how you’re classified can make a real difference on your taxes, deductions, and long-term financial strategy. Let’s walk through what each option really means, what it costs you, and…

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