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Problem 8-68 (LO 8-3) (Static) (The following information applies to the questions displayed below.) Eva received $60,000 in compensation payments from JAZZ Corp. during 2020.
Problem 8-68 (LO 8-3) (Static) (The following information applies to the questions displayed below.) Eva received $60,000 in compensation payments from JAZZ Corp. during 2020. Eva incurred $5,000 in business expenses relating to her work for JAZZ Corp. JAZZ did not reimburse Eva for any of these expenses. Eva is single and she deducts a standard deduction of $12,400. Based on these facts, answer the following questions: Use Tax Rate Schedule for reference. (Leave no answer blank. Enter zero if applicable.) Problem 8-68 Part d (Static) d. Assume that Eva is considered to be a self-employed contractor. What is her regular tax liability for the year? (Round your intermediate computations and final answer to the nearest whole dollar amount.) Regular tax liability
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