Hello,
Wife got two job offers, and we are trying to see what is the better move here.
For reference, we live in Texas. No state income tax. My wife is in real estate, and makes money based off the transactions of the company she works for. The bonuses she will receive through out the year are like commission checks.
- First job is $55k/year, with about $15k in bonuses in a 12-month period.
- Second job is $35k/year with $40k+ in bonuses in a 12-month period. However, this job has a guaranteed salary of $75k a year, meaning, in the event, after all bonuses have been tallied in a 12-month period, and she still is not at $75k gross, her company makes up the difference.
Where as the first offer, the only guarantee is $55k a year, and her bonuses are much less often.
Trying to understand what this does to her tax bracket, and assuming she made the same gross at both companies (75k), after all bonuses are tallied in a 12-month period, which job actually yields her more take home pay in the end?
- 55k (+20k in bonuses/commission)
- or 35k (+40k in bonuses/commission)
Not sure if this is the right place to post this, but figured I'd ask here first.
Thanks.
Submitted May 09, 2021 at 07:41PM by TyGuyy https://ift.tt/3ey3RC4
