** posted once before and was answered incorrectly. $6954 is incorrect.

Required information Problem 8-68 (LO 8-3) (Algo) (The following information applies to the questions displayed below) Eva received $65,000 in compensation payments from JAZZ Corporation during 2021. Eva incurred $7,000 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 d (Algo) d. Assume that Eva is considered to be a self-employed contractor What is her regular tax liability for the year? Regulir tax liability 2021 Tax Rate Schedules Individuals Schedule X-Single ir taxable income is over: But not over: The tax is: $ 0 S 9.950 10% of taxable income $9.950 $ 40.525 $995 plus 12% of the excess over $9.950 $ 40.525 S 86,375 $4,664 plus 22% of the excess over $40 525 $ 86,375 $164.925 $14.751 plus 24% of the excess over $86,375 $164.925 S 209.425 $33,603 plus 32% of the excess over $164.925 $ 209,425 S 523,600 $47,843 plus 35% of the excess over $209,425 $ 523.600 $157,804.25 plus 37% of the excess over $523.600 Schedule Y-1-Married Filing Jointly or Qualifying Widow(er) Ir taxable income is over: But not over: The tax is: s 0 $ 19.900 10% of taxable income $ 19.900 S 81,050 $1.990 plus 12% of the excess over $19.900 $ 81,050 S 172,750 $9,328 plus 22% of the excess over $81,050 $ 172.750 S 329.850 $29.502 plus 24% of the excess over $172,750 $ 329,850 S 418.850 567 206 plus 32% of the excess over $329,850 $ 418,850 $ 628,300 $95.686 plus 35% of the excess over $418,850 $ 628,300 $168.993 50 plus 37% of the excess over $628,300 Schedule Z-Head of Household If taxable income is over: But not over: The tax is: 5 0 $ 14,200 10% of taxable income $ 14,200 $ 54,200 51.420 plus 12% of the excess over $14,200 $ 54.200 $ 86,350 $6,220 plus 22% of the excess over $54,200 $ 86,350 $164.900 $13.293 plus 24% of the excess over $86,350 $164.900 $ 209 400 532.145 plus 32% of the excess over $164.900 $ 209,400 S 523.600 $46,385 plus 35% of the excess over $209,400 S523.000 $156,355 plus 37% of the excess over $523,600