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Santini's new contract for 2022 indicates the following compensation and benefits: Santinl is 54 years old at the end of 2022. He is single and

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Santini's new contract for 2022 indicates the following compensation and benefits: Santinl is 54 years old at the end of 2022. He is single and has no dependents. Assume that the employer matches Si for St for the first $6,000 that the employee contributes to his 401(k) during the year. The restricted stock grant is 500 shares granted when the market price was $5 per share. Assume that the stock vests on December 31,2022 , and that the market price on that date is $4750 per share. Also assume that Santini is willing to make any elections to reduce equity-based compensation taxes. The Hawain trip was given to him as the outstanding salesperson for 2021 . The group-term life policy gives him $150,000 of coverage. Assume that Santint does not itemize deductions for the year. Determine Santini's taxable income and income tax liability for 2022. Use and Exhibit 1728 Note: Round your onswers to the nearest whole dollar amount. 2022 Tax Rate Schedules Individuals Schedule X-Single ENHIBT1 12-8 Uniform Premiums for $1,000 of Group-Term Life Insurance Protection Source: Reg. 1.793(d)(2) and also published in inw ruvucuuvn is on

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