What’s The Best Way To Beat Tax On W9 Witholdings When You Have 2 Jobs?

November 24th, 2009 at 11:25pm Under adsense money

I am full time employed and also have a side business where I had to file a W9 and currently get 28% taken out automatically (google Adsense). When tax time comes, is there a way to not just have a “combined” income for both of my jobs? Can I open up an IRA and contribute from my W9 withholdings only so as to get more money back or are all the moneys always going to be seen as cumulitive for tax purposes. I guess what I’m wondering is if there is any way cut down on the taxes paid.

By Adsense Enquirer 1 comment

What’s The Best Way To Beat Tax On W9 Witholdings When You Have 2 Jobs?

November 22nd, 2009 at 11:26pm Under adsense money

I am full time employed and also have a side business where I had to file a W9 and currently get 28% taken out automatically (google Adsense). When tax time comes, is there a way to not just have a “combined” income for both of my jobs? Can I open up an IRA and contribute from my W9 withholdings only so as to get more money back or are all the moneys always going to be seen as cumulitive for tax purposes. I guess what I’m wondering is if there is any way cut down on the taxes paid.

By Adsense Enquirer 1 comment


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