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QUESTION 8 Brooke works for Company A for half of 2018, earning S60,000 in salary and she works for Company B for the second half
QUESTION 8 Brooke works for Company A for half of 2018, earning S60,000 in salary and she works for Company B for the second half of 2018, earning $91,000 in salary. What is Brooke's FICA tax obligation for the year? QUESTION 9 Eva received $58,000 in compensation payments from JAZZ Corp. during 2018. 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 $12,000. Assume that Eva is considered to be an employee. What amount of FICA taxes is she required to pay for the year? QUESTION 10 Eva received $58,000 in compensation payments from JAZZ Corp. during 2018. 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 $12,000 Assume that Eva is considered to be an employee. What is her regular income tax liability for the year? QUESTION 11 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 S12,000. Assume that Eva is considered to be self-employed. What amount of self-employment taxes is she required to pay for the year
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