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QUESTION 12 Eva received $58,000 in compensation payments from JAZZ Corp. during 2018. Eva incurred S5,000 in business expenses relating to her work for JAZZ,
QUESTION 12 Eva received $58,000 in compensation payments from JAZZ Corp. during 2018. Eva incurred S5,000 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 $12,000. Assume that Eva is considered to be self-employed. What is her regular income tax QUESTION 13 Trey has two dependents, his two daughters, ages 14 and 17, at year-end. Trey files a joint return with his wife. What amount of child credit will Trey be able to claim for his daughters if his AGI is $422,000 QUESTION 14 Trey has two dependents, his two daughters, ages 10 and 12, at year-end. Trey files a joint return with his wife. What amount of child credit will Trey be able to claim for his daughters if his AGI is $423,000
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