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Eva received $69,000 in compensation payments from JAZZ Corporation during 2023. Eva incurred $9,000 in business expenses relating to her work for JAZZ Corporation
Eva received $69,000 in compensation payments from JAZZ Corporation during 2023. Eva incurred $9,000 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 $13,850. Based on these facts, answer the following questions: Use Tax Rate Schedule for reference. Note: 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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