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M B$ gv M S1 Ja ! Required information Problem 8-68 (LO 8-3) (Algo) [The following information applies to the questions displayed below.] Eva received

M B$ gv M S1 Ja ! Required information Problem 8-68 (LO 8-3) (Algo) [The following information applies to the questions displayed below.] 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 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 Screen Shot 2022-02-15 at 7.07.23 PM Q Search Individuals Schedule X-Single If taxable income is over: But not over: $ 0 $ 9,950 $ 9,950 $ 40,525 $ 40,525 $ 86,375 $ 86,375 $164,925 $209,425 $ 523,600 $ 164,925 $209,425 $ 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 Accounting- Intervie...tions.pdf

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