Eva received $66,000 in compensation payments from JAZZ Corp. during 2018. Eva incurred $12,500 in business expenses relating to her work for JAZZ Corp. JAZZ did not reimburse Eva for any of these expenses. Eva is single and she deducts a standard deduction of $12,000.

A.) Assume that Eva is considered to be a self-employed contractor. What is her regular tax liability for the year?

2018 Tax Rate Schedules Schedule X-Single Schodule ZHead of Homaehold Ir tarable income is over But not over: The tax i If taxable income is over: But not over: S 13,600 51,800 $ 82,500 $157,300 The tax b 9,525 $ 38,700 82,500 $157,500 $200,000 $500,000 10% of taxable income 10% of taxable insom $1.360 plus 12% of the excess over S13.600 $5,944 plus 22% of the eroa" over $51,000 $12.093 plas 24% of the excess over $82.500 $30,096 plus 32% ofthe excess over $157,500 $44,296 pla 35% of the over S200000 $149293 plus 37% of the excess over $500,000 9952.50 plus 12% of the excess over $9,525 5 9525 $ 38,700 5 82.500 $157.500 200,000 453.50 plus 22% of the eme" over $38,700 S 14,089.50 plus 24% of te ence" over S82.500 32,009.50 plus 32% of the evoess over $157,500 45,689.50 plus 35% of the enats over $200,000 $150,609.50 plus 37% of the eness over $500,000 $ 13,600 51,800 5 82,500 $157.500 $200,000 $300,000 Schedule Y-1-Married Filing Jointty or Qualtying Widoe (er) Schedulo Y-2-Married Filing Separately If tatable income is over The tax is But not over: 19,050 s 77,400 $165,000 $315,000 $400,000 If taxable income is over: But not over $ 9525 S 38.700 82,500 $157,500 The tax is 19.030 $ 77400 $165,000 $315,000 $400,000 $600,000 10% of truble income $1,905 plus 12% ofthe excess over $19.030 sa-907 plus 22% ofthe excess over $77,400 $2 179 plus 24% ofthe greess over $165,000 S4.179 plus 32% ofthe excess over $315,000 $91,579 plus 35% ofthe greats oor $400,000 $161.379 plus 37% of the excess over 3000,000 5 9.525 $ 38,700 $ 82.500 $157,500 10% of tutable income 5952.50plas12% of the excess owers,525 $4,453.50 plus 22%ofthe et cess over$38,700 $14,089 50 plus 24% of the arcess ow SS2500 $32,009.50 plus 32% ofthe excess over $157,500 $45,6G9.50 plus 35% ofta "cess one S200000 580589.50 plus 37%ofthe escess over $300,000 5300,000 $300,000