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2021 Tax Rate Schedules Individuals Schedule X-Single If taxable income is over:But not over: The tax is: $ 0 $ 9,950 10% of taxable income

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2021 Tax Rate Schedules Individuals Schedule X-Single If taxable income is over:But not over: The tax is: $ 0 $ 9,950 10% of taxable income $ 9,950 $ 40,525 $995 plus 12% of the excess over $9.950 $ 40,525 $ 86,375 $4,664 plus 22% of the excess over $40,525 $ 86,375 $ 164.925 $14.751 plus 24% of the excess over $86,375 $ 164,925 $ 209,425 $33.603 plus 32% of the excess over $164.925 $ 209,425 $ 523,600 $47,843 plus 35% of the excess over $209,425 $ 523,600 $157,804.25 plus 37% of the excess over $523,600 Schedule Y-1-Married Filing Jointly or Qualifying Widow(er) If taxable income is over:But not over: The tax is: $ 0 $ 19,900 10% of taxable income $ 19,900 $ 81,050 $1.990 plus 12% of the excess over $19,900 S 81,050 $ 172.750 $9,328 plus 22% of the excess over $81,050 $ 172,750 $ 329,850 $29,502 plus 24% of the excess over $172.750 $ 329,850 $ 418,850 $67,206 plus 32% of the excess over $329,850 $ 418,850 $ 628,300 $95.686 plus 35% of the excess over $418.850 $ 628,300 $168.993.50 plus 37% of the excess over $628,300 Schedule Z-Head of Household If taxable income is over: But not over: The tax is: $ 0 $ 14,200 10% of taxable income $ 14,200 $ 54,200 $1,420 plus 12% of the excess over $14,200 $ 54,200 $ 86,350 $6,220 plus 22% of the excess over $54,200 $ 86,350 $164,900 $13,293 plus 24% of the excess over $86,350 $ 164,900 $ 209,400 $32.145 plus 32% of the excess over $164.900 $ 209,400 $ 523,600 $46,385 plus 35% of the excess over $209,400 S 523,600 $156,355 plus 37% of the excess over $523,600 Schedule Y-2-Married Filing Separately If taxable income is over:But not over: The tax is: $ 0 $ 9,950 10% of taxable income $ 9,950 $ 40,525 $995 plus 12% of the excess over $ 9,950 $ 40,525 $ 86,375 $4.664 plus 22% of the excess over $40.525 $ 86,375 $164.925 $14.751 plus 24% of the excess over $86,375 $ 164,925 $ 209,425 $33.603 plus 32% of the excess over $164.925 $ 209,425 $314,150 $47.843 plus 35% of the excess over $209,425 $ 314,150 $84.496.75 plus 37% of the excess over $314,150 Required Information Problem 8-68 (LO 8-3) (Algo) [The following information applies to the questions displayed below.] Eva received $77,000 in compensation payments from JAZZ Corporation during 2021. Eva Incurred $13,000 in business expenses relating to her work for JAZZ Corporation JAZZ did not reimburse Eva for any of these expenses. Eva is single and deducts a standard deduction of $12,550. Based on these facts, answer the following questions: Use Tax Rate Schedule for reference Leave no answer blank. Enter zero if applicable. Round your Intermediate and final answers to the nearest whole dollar amount.) Problem 8-68 Part a (Algo) a. Assume that Eva is considered to be an employee. What amount of FICA taxes is she required to pay for the year? Amount of FICA taxes Required Information Problem 8-68 (LO 8-3) (Algo) [The following information applies to the questions displayed below.] Eva received $77,000 in compensation payments from JAZZ Corporation during 2021. Eva incurred $13,000 in business expenses relating to her work for JAZZ Corporation JAZZ did not reimburse Eva for any of these expenses. Eva is single and deducts a standard deduction of $12,550. Based on these facts, answer the following questions: Use Tax Rate Schedule for reference (Leave no answer blank. Enter zero if applicable. Round your intermediate and final answers to the nearest whole dollar amount.) Problem 8-68 Part b (Algo) b. Assume that Eva is considered to be an employee. What Is her regular Income tax liability for the year? Regular tax liability Required Information Problem 8-68 (LO 8-3) (Algo) [The following information applies to the questions displayed below.) Eva received $77,000 in compensation payments from JAZZ Corporation during 2021. Eva Incurred $13,000 in business expenses relating to her work for JAZZ Corporation JAZZ did not reimburse Eva for any of these expenses. Eva is single and deducts a standard deduction of $12,550. Based on these facts, answer the following questions: Use Tax Rate Schedule for reference. Leave no answer blank. Enter zero if applicable. Round your Intermediate and final answers to the nearest whole dollar amount.) Problem 8-68 Part c (Algo) c. Assume that Eva is considered to be a self-employed contractor. What are her self-employment tax liability and additional Medicare tax liability for the year? Self-employment tax liability Additional medicare tax liability

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