Working two jobs (is this beneficial)
Hi everyone,
First time posting here. I have been working this one job in which I make about 40k a year, and have been hired for another job where I'll make about 54k a year and because its mostly remote I'm thinking about keeping both jobs. This of course would totally change what withholdings I have, maybe how I file, what I would qualify for in student loan repayments, and stuff like that. I usually file head of household when I file my taxes, I have one child and my income so far has qualified me for EITC yearly. I'm wondering if this would even be beneficial to keep both because of this. I guess my question is, is it worth trying? I may not even be able to juggle both, but I really wanna try but I'm wondering if this will bite me in the ass (because of the change in tax bracket, my filing status maybe, etc). Lots of people juggle more than one job, and they are able to reach their goals of getting the things they need, so I'm really really tempted. What do you guys think?
Posted Oct 21, 2021, 4:33 PM UTC