Second Job Tax Relief Act of 2024

The Second Job Tax Relief Act of 2024 would allow workers with a second job to exclude that income from both their income tax and payroll taxes (including Social Security and unemployment taxes), provided they have a primary job (at least 2080 hours worked) and elect that employer. The exclusion phases out for higher earners, disappearing entirely for single filers with income over $150,000 and married couples over $200,000. This provision applies to income earned after the bill's enactment and expires five years later. It directly affects low-to-moderate income workers with secondary employment who meet the primary employer requirement.