AUDIO: Got a Second Job? Don’t Get Hit with a Surprise Tax Bill!
Автор: Law Office of Louis S. Haskell
Загружено: 2025-03-03
Просмотров: 46
Описание:
Are you working a second job? If so, you may be setting yourself up for a surprise tax bill! Many people don’t realize that second job income is often under-withheld for taxes, leading to unexpected liabilities when tax season rolls around.
In this video, I’ll explain why this happens, how the standard deduction affects your withholding, and the simple steps you can take to avoid owing money unexpectedly. Whether you're working a part-time job, freelancing, or self-employed, understanding tax withholding is crucial to managing your finances effectively.
📌 Key Topics Covered:
✔️ How second job income is taxed incorrectly
✔️ Why withholding is often too low
✔️ How to adjust your withholding to avoid tax surprises
✔️ The best strategy to ensure your taxes are covered
💡 Pro Tip: Ask your second job employer to withhold a straight percentage (12% for federal taxes and 5% for state taxes, if applicable) to stay ahead!
👍 Like & Subscribe for more tax tips! Have questions? Drop them in the comments!
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