I parts B answers

Mrs. Eller's corporate employer has a cafeteria plan under which its employees can receive a $3,000 year-end Christmas bonus or enroll in a qualified medical reimbursement plan that pays up to $3,000 of annual medical bills. Mrs. Eller is in a 24 percent tax bracket, and her medical bills average $2,300 each year. Required: a-1. Compute the after-tax value of Christmas bonus and medical reimbursement plan. (Ignore any payroll tax implications.) a-2. Should Mrs. Eller choose the cash bonus or the nontaxable fringe benefit? b-1. If Mrs. Eller is in the 12 percent tax bracket, compute the after-tax value of Christmas bonus and medical reimbursement plan. b-2. Should Mrs. Eller choose the cash bonus or the nontaxable fringe benefit? Complete this question by entering your answers in the tabs below. Reg A1 Reg A2 Reg B1 Reg B2 If Mrs. Eller is in the 12 percent tax bracket, compute the after-tax value of Christmas bonus and medical reimbursement plan. Amount After-tax value of bonus After-tax value of medical reimbursement plan Mrs. Eller's corporate employer has a cafeteria plan under which its employees can receive a $3,000 year-end Christmas bonus or enroll in a qualified medical reimbursement plan that pays up to $3,000 of annual medical bills. Mrs. Eller is in a 24 percent tax bracket, and her medical bills average $2,300 each year. Required: 2-1. Compute the after-tax value of Christmas bonus and medical reimbursement plan. (Ignore any payroll tax implications.) a-2. Should Mrs. Eller choose the cash bonus or the nontaxable fringe benefit? b-1. If Mrs. Eller is in the 12 percent tax bracket compute the after-tax value of Christmas bonus and medical reimbursement plan. b-2 Should Mrs. Eller choose the cash bonus or the nontaxable fringe benefit? Complete this question by entering your answers in the tabs below. Reg A1 Reg A2 Req B1 Reg B2 Should Mrs. Eller choose the cash bonus or the nontaxable fringe benefit? The cash bonus The nontaxable fringe benefit