Pls use Tax rate schedule of 2021
Chp 8: Individual Income Tax Computation and.. O Seved Help Save & Exit Submit Check my work 17 Part 1 of 4 Required information [The following information applies to the questions displayed below.) Eva received $81,000 in compensation payments from JAZZ Corporation during 2021. Eva incurred $15,000 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.) 0.5 points eBook Print a. Assume that Eva is considered to be an employee. What amount of FICA taxes is she required to pay for the year? References Amount of FICA taxes 4 Required information (The following information applies to the questions displayed below.) Eva received $81.000 in compensation payments from JAZZ Corporation during 2021. Eva incurred $15,000 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.) b. Assume that Eva is considered to be an employee. What is her regular income tax liability for the year? Regular tax liability Next > 20 18 19 of 39 !! Required information [The following information applies to the questions displayed below) Eva received $81,000 in compensation payments from JAZZ Corporation during 2021. Eva incurred $15,000 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.) d. Assume that Eva is considered to be a self-employed contractor. What is her regular tax liability for the year? Regular tax liability 20 Next >