Combined pay and the tax it attracts.
A worked example
Starting figures
- Job 1 salary
- $52,000
- Job 2 salary
- $24,000
What it returns
- Combined take-home
- $64,227
- Tax on the second job
- $5,280
- Combined income
- $76,000
- Effective rate
- 15.49%
- Kept from job 2
- 78%
How to read the results
With the defaults above, combined take-home works out at $64,227.