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Second Job Tax Relief: Income and Payroll Tax Exemption.

This bill introduces a temporary exemption from federal income tax and payroll taxes (Social Security, Medicare) for income earned from a second job. This benefit applies to individuals who maintain a primary, hourly-paid job of at least 2080 hours annually. The tax relief is phased out for higher earners and is set to expire after five years.
Key points
Income earned from secondary employment is excluded from federal income tax and payroll taxes (FICA/FUTA).
Eligibility requires the taxpayer to have a primary job compensated hourly for at least 2080 hours per year.
The exclusion begins to phase out if modified adjusted gross income exceeds $100,000 (single) or $150,000 (married filing jointly).
These tax benefits are temporary and will expire five years after the law is enacted.
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Additional Information
Print number: 118_HR_8194
Sponsor: Rep. Bacon, Don [R-NE-2]
Process start date: 2024-05-01
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Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Second Job Tax Relief Act of 2024

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 118_HR_8194.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2024-05-01.

What are the main provisions?

Key points include:

  • Income earned from secondary employment is excluded from federal income tax and payroll taxes (FICA/FUTA).
  • Eligibility requires the taxpayer to have a primary job compensated hourly for at least 2080 hours per year.
  • The exclusion begins to phase out if modified adjusted gross income exceeds $100,000 (single) or $150,000 (married filing jointly).
  • These tax benefits are temporary and will expire five years after the law is enacted.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Bacon, Don [R-NE-2].

What is the latest detailed status?

The latest detailed status is: Referred to the Subcommittee on Social Security.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-30.

CATEGORIES

Taxes Labor