Based on your financial expertise, provide your response or viewpoint on the given financial question or topic. The response format is open.

Taxable income on full-time job + business earnings
I'm not sure I am fully understanding the nuance of your question, but based on your answer in the comments you and your business are not separate legal entities. So your income is the full $70K, there is no distinct business to have income. If you clarify your question to include why you want to know this I might be able to give a more meaningful answer for your situation.