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The time now is 10/07/08 - 20:17

Do you have to pay tax on your second job?


RealCool.BIZ Forum Index -> Tax -> Tax Planning / Exemption Investigations

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fallon
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Joined: 04 Jul 2007
Posts: 23



PostPosted: 02/05/08 - 07:46    Post subject: Reply with quote

Hello everybody! For some years I’ve been working as a babysitter. Since my salary is not big enough for me, and I really cannot manage to take care of any more kids, I decided to look for another job. I found one as a waitress in a really great restaurant. I would like to keep both of my jobs, so I’m asking you do I have to pay taxes on my second job. Thank you.
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winny
Apprentice


Joined: 31 Jan 2004
Posts: 3



PostPosted: 03/06/08 - 04:19    Post subject: Reply with quote

Hello to you too. I don’t know much about the whole tax issue, but I’ll try to help you. In my opinion, it doesn’t matter how much jobs you have, but how much you earn by doing them. You pay taxes on your income, not on your jobs. So, when you calculate your income tax, you take into account all of your incomes. It means that you have to pay taxes on your second job too. So, in the end of fiscal year, in your tax report you have to write all both of your salaries and apply an appropriate rate to your overall income. I hope I was of some help to you. Good bye.
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