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help me solve the taxable income and income tax liability. please Santinis new contract for 2022 indicates the following compensation and benefits: Santini is 54

help me solve the taxable income and income tax liability. please
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Santinis new contract for 2022 indicates the following compensation and benefits: Santini is 54 years old at the end of 2022 . He is single and has no dependents. Assume that the employer matches $1 for $1 for the first $6,000 that the employee contributes to his 401(k) during the year. The restricted stock grant is 500 shares granted when the market price was $5 per share. Assume that the stock vests on December 31, 2022, and that the market price on that date is $15.00 per share. Also assume that Santini is willing to make any elections to reduce equity-based compensation taxes. The Hawall trip was given to him as the outstanding salesperson for 2021 . The group-term life policy gives him $150,000 of coverage. Assume that Santini does not itemize deductions for the year: Determine Santini's taxable income and income tax liablity for 2022. Use Tax rate schectules and Exhibit 12-8 Note: Round your answers to the nearest whole dollar amount. Individuals EXHIBIT 12-8 Uniform Premiums for $1,000 of Group-Term Life Insurance Protection Santinis new contract for 2022 indicates the following compensation and benefits: Santini is 54 years old at the end of 2022 . He is single and has no dependents. Assume that the employer matches $1 for $1 for the first $6,000 that the employee contributes to his 401(k) during the year. The restricted stock grant is 500 shares granted when the market price was $5 per share. Assume that the stock vests on December 31, 2022, and that the market price on that date is $15.00 per share. Also assume that Santini is willing to make any elections to reduce equity-based compensation taxes. The Hawall trip was given to him as the outstanding salesperson for 2021 . The group-term life policy gives him $150,000 of coverage. Assume that Santini does not itemize deductions for the year: Determine Santini's taxable income and income tax liablity for 2022. Use Tax rate schectules and Exhibit 12-8 Note: Round your answers to the nearest whole dollar amount. Individuals EXHIBIT 12-8 Uniform Premiums for $1,000 of Group-Term Life Insurance Protection

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