Bill > HR560

This bill, known as the "Second Job Tax Relief Act of 2025," proposes to exclude compensation from secondary employment from income and payroll taxes for certain taxpayers. Specifically, the bill allows individuals who work more than 2,080 hours (equivalent to a full-time, year-round job) with a primary employer to exclude income from a second job from their gross income and payroll taxes. The exclusion is subject to a phase-out for taxpayers with modified adjusted gross income above $100,000 (or $150,000 for married couples filing jointly), with the tax benefit gradually reducing as income increases. To qualify, taxpayers must designate a primary employer based on hourly compensation for at least 2,080 hours. The tax benefit would be temporary, applying only to compensation earned within five years of the bill's enactment. The legislation also includes provisions to ensure that trust funds, such as Social Security and Medicare, are financially compensated for the reduced tax revenue. By offering this tax relief, the bill aims to provide financial support for workers with multiple jobs, potentially helping those seeking to supplement their income or work additional hours.

Budget and Finance

https://www.congress.gov/bill/119th-congress/house-bill/560/all-info