http://blog.lendingclub.com/2009/04/30/earning-more-income/ The Official Lending Club blog Sun, 29 Jan 2012 13:31:47 +0000 hourly 1 http://blog.lendingclub.com/2009/04/30/earning-more-income/#comment-1355 Tom Lutzenberger Fri, 01 May 2009 03:08:50 +0000 http://blog.lendingclub.com/?p=1106#comment-1355 People earning a 2nd income just need to be aware as well that it's not 100% additional money. You have to pay taxes on it, similar to your first income. In fact, more income may bump you into a higher tax bracket both with state and federal taxes. In addition, folks also to be careful they don't put themselves into a conflict of interests with their existing employer. Many employers are wary of their people picking up a 2nd job or work, so make sure what you do has nothing to do with your first job and doesn't interfere with your first job performance. People earning a 2nd income just need to be aware as well that it's
not 100% additional money. You have to pay taxes on it, similar to
your first income. In fact, more income may bump you into a higher
tax bracket both with state and federal taxes. In addition, folks
also to be careful they don't put themselves into a conflict of
interests with their existing employer. Many employers are wary of
their people picking up a 2nd job or work, so make sure what you do
has nothing to do with your first job and doesn't interfere with
your first job performance.

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