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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.
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 $155,000 in cash wages. Assume Emily has no dependents. Emily deducts the standard deduction instead of itemized deductions, she is not eligible for the qualified business income deduction, and she did not make any charitable donations. (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 answers to the nearest whole dollar amount.) 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 $155,000 in cash wages. Assume Emily has no dependents. Emily deducts the standard deduction instead of itemized deductions, she is not eligible for the qualified business income deduction, and she did not make any charitable donations. (Use the tax rate schedules.) b-1. Suppose Emily receives a competing job offer of $145,000 in cash compensation and nontaxable (excluded) benefits worth $10,000. What is the amount of Emily's after-tax compensation for the competing offer? (Round your intermediate calculations and final answers to the nearest whole dollar amount.) b-2. Which job should she take if taxes are the only concern? Competing job Landscape consultant Individuals GohndunsVGinnlo Schedule Y-2-Married Filing Separately \begin{tabular}{|c|c|l|l|} \hline If taxable income is over: & But not over: & \multicolumn{1}{|c|}{ The tax is: } \\ \hline$6 & $9,950 & 10% of taxable income \\ \hline$9,950 & $40,525 & $995 plus 12% of the excess over $9,950 \\ \hline$40,525 & $86,375 & $4,664 plus 22% of the excess over $40,525 \\ \hline$86,375 & $164,925 & $14,751 plus 24% of the excess over $86,375 \\ \hline$164,925 & $209,425 & $33,603 plus 32% of the excess over $164,925 \\ \hline$209,425 & $314,150 & $47,843 plus 35% of the excess over $209,425 \\ \hline$314,150 & & $84,496.75 plus 37% of the excess over $314,150 \\ \hline \end{tabular}
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