Which side gig?

Anonymous
I have an opportunity to take on a new side gig, but would mean I have to give up my current side gig.

My current side gig is 1099 income, but amount of work is variable week to week.
On avg maybe 10hrs per week.

The new one is W4 income, but would be guaranteed 20hrs per week.
I would have to work the amount of hrs I commit to, but would get % FTE PTO & holiday time.

Our HHI from our regular jobs puts us into the highest income bracket.

Which one makes more sense?
Anonymous
Anonymous wrote:I have an opportunity to take on a new side gig, but would mean I have to give up my current side gig.

My current side gig is 1099 income, but amount of work is variable week to week.
On avg maybe 10hrs per week.

The new one is W4 income, but would be guaranteed 20hrs per week.
I would have to work the amount of hrs I commit to, but would get % FTE PTO & holiday time.

Our HHI from our regular jobs puts us into the highest income bracket.

Which one makes more sense?


"income tax bracket" above
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