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tax acct please answer all parts Eva received $82,000 in compensation payments from JAZZ Corporation during 2021. Eva incurred $15,500 in business expenses relating to
tax acct please answer all parts
Eva received $82,000 in compensation payments from JAZZ Corporation during 2021. Eva incurred $15,500 in business expenses relating to her work for JAZZ Corporation JAZZ did not reimburse Eva for any of these expenses. Eva is single and deducts a standard deduction of $12,550. Based on these facts, answer the following questions: Use Tax Rate Schedule for reference (Leave no answer blank. Enter zero if applicable. Round your intermediate and final answers to the nearest whole dollar amount.) Problem 8-68 Part a (Algo) a. Assume that Eva is considered to be an employee. What amount of FICA taxes is she required to pay for the year? Amount of FICA taxes Eva received $82,000 in compensation payments from JAZZ Corporation during 2021. Eva incurred $15,500 in business expenses relating to her work for JAZZ Corporation JAZZ did not reimburse Eva for any of these expenses. Eva is single and deducts a standard deduction of $12,550. Based on these facts, answer the following questions: Use Tox Rote Schedule for reference (Leave no answer blank. Enter zero if applicable. Round your intermediate and final answers to the nearest whole dollar amount.) Problem 8-68 Part b (Algo) b. Assume that Eva is considered to be an employee. What is her regular income tax liability for the year? Regular tax liability Eva received $82,000 in compensation payments from JAZZ Corporation during 2021. Eva incurred $15,500 in business expenses relating to her work for JAZZ Corporation JAZZ did not reimburse Eva for any of these expenses. Eva is single and deducts a standard deduction of $12,550. Based on these facts, answer the following questions: Use Tax Rate Schedule for reference (Leave no answer blank. Enter zero if applicable. Round your intermediate and final answers to the nearest whole dollar amount.) Problem 8-68 Part c (Algo) C. Assume that Eva is considered to be a self-employed contractor What are her self-employment tax liability and additional Medicare tax liability for the year? es Self-employment tax liability Additional medicare tax liability Eva received $82,000 in compensation payments from JAZZ Corporation during 2021. Eva incurred $15,500 in business expenses relating to her work for JAZZ Corporation JAZZ did not reimburse Eva for any of these expenses. Eva is single and deducts a standard deduction of $12,550. Based on these facts, answer the following questions: Use Tax Rate Schedule for reference (Leave no answer blank. Enter zero if applicable. Round your intermediate and final answers to the nearest whole dollar amount.) Problem 8-68 Part d (Algo) d. Assume that Eva is considered to be a self-employed contractor. What is her regular tax liability for the year? Regulor tax liability Step by Step Solution
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