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Eva received $85,000 in compensation payments from JAZZ Corporation during 2021. Eva incurred $17,000 in business expenses relating to her work for JAZZ Corporation JAZZ

Eva received $85,000 in compensation payments from JAZZ Corporation during 2021. Eva incurred $17,000 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? Answer is complete but not entirely correct. Regular tax liability $ 11,710 Q Individuals Schedule X-Single Screen Shot 2022-02-15 at 7.07.23 PM Q Search If taxable income is over: But not over: $ 0 $ 9,950 $ 9,950 $ 40,525 $ 40,525 $ 86,375 $ 86,375 $ 164,925 $ 164,925 $ 209,425 $209,425 $ 523,600 $ 523,600 The tax is: 10% of taxable income $995 plus 12% of the excess over $9,950 $4,664 plus 22% of the excess over $40,525 |$14,751 plus 24% of the excess over $86,375 $33,603 plus 32% of the excess over $164,925 $47,843 plus 35% of the excess over $209,425 | $157,804.25 plus 37% of the excess over $523,600

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