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What is the best advice you have recieved?
Hi, I been working for Lloyds Bank for almost 9 years now , I recently attended a interview for Barclays and offered an Senior Business Analyst AVP role in Wealth and private banking area. I did not see much difference in the salary offered and it is pretty much same ie 68.5k.But the difference is current role is London based, however the Barclays one is based in Glasgow where cost of living is less in comparison. I am unable to decide whether to take the offer or not..any suggestions will be helpful pls.
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the IRS doesn’t care if you work 1 job or 100 jobs. it’s not as simple as i’m making it seem but the gist is that as long as you pay them what you owe, they will let you do your best Al Capone impression.
you need 3 numbers: total taxes due with just J1, total taxes due with just J2, and total taxes due if J1 and J2 were one combined job.
You’ll notice that J1 tax + J2 tax is less than Combined Tax. Fill out your J2 W4 to withhold the extra amounts necessary to get ‘close enough’
This is not tax advice. Consult a board certified Public Accountant. You’re on your own.
Withhold extra
https://www.irs.gov/pub/irs-pdf/fw4.pdf