Answer
Jun 16, 2018 - 07:01 AM
The IRS taxes individuals based on the total amount of income earned for that particular year. In other words, the more you make, the more you will pay in taxes. So if you go from working one job where you earn $25k per year to working two jobs where you earn lets say 35k per year, you could be pushed into a higher tax bracket and have to pay more taxes on what you've made over the course of that tax year. Know that when you enter two w-2's when filing your taxes, your return amount might go drop significantly. In some cases if you didn't have enough taxes withheld from your pay, you might even owe the IRS money for the previous years income.
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