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! Required information [The following information applies to the questions displayed below.) Emily, who is single, has been offered a position as a city landscape

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! Required information [The following information applies to the questions displayed below.) Emily, who is single, has been offered a position as a city landscape consultant. The position pays $125,000 in cash wages. Assume Emily has no dependents. Emily deducts the standard deduction instead of itemized deductions, and she is not eligible for the qualified business income deduction. (Use the tax rate schedules.) a. What is the amount of Emily's after-tax compensation (ignore payroll taxes)? (Round your intermediate calculations and final answer to the nearest whole dollar amount.) Answer is not complete. (1) (2) (3) Description Gross income For AGI deductions Adjusted gross income Standard deduction Taxable income Income tax liability After-tax compensation Amount $ 125,000 0 $ 125,000 12,400 $ 112,600 $ 24,079 (5) (6) Individuals Schedule X-Single If taxable income is over: But not over: $ 0 $ 9,875 S 9,875 $ 40,125 $ 40,125 $ 85,525 S 85,525 $163,300 $163,300 $207,350 $207,350 $518,400 $518,400 The tax is: 10% of taxable income $987.50 plus 12% of the excess over $9,875 $4,617.50 plus 22% of the excess over $40,125 $14,605.50 plus 24% of the excess over $85,525 $33,271.50 plus 32% of the excess over $163,300 $47,367.50 plus 35% of the excess over $207,350 $156,235 plus 37% of the excess over $518,400

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