Ira received $80,000 in compensation payments from Lil Corporation during 2022. Ira incurred $14,500 in business expenses relating to her work for Lil Corporation Lil did not reimburse Ira for any of these expenses. Ira is single and deduct a a standard deduction of $12,950. Based on these facts, answer the following question.

Assume that Ira is considered to a self-employed contractor. What is her regular tax liability for the year? Ira's Self employment tax liability is $9,255.