Chapter 8 Homework Assignment i Saved Help Sa 19 Part 1 of 4 Required information...

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Chapter 8 Homework Assignment i Saved Help Sa 19 Part 1 of 4 Required information Problem 8-68 (LO 8-3) (Algo) [The following information applies to the questions displayed below.) 2.77 points Eva received $70,000 in compensation payments from JAZZ Corporation during 2021. Eva incurred $9,500 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.) eBook Problem 8-68 Part a (Algo) Print a. Assume that Eva is considered to be an employee. What amount of FICA taxes is she required to pay for the year? Reference Amount of FICA taxes Chapter 8 Homework Assignment i Saved Help Sa 20 Part 2 of 4 Required information Problem 8-68 (LO 8-3) (Algo) [The following information applies to the questions displayed below.) 2.77 points Eva received $70,000 in compensation payments from JAZZ Corporation during 2021. Eva incurred $9,500 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.) eBook Problem 8-68 Part b (Algo) Print b. Assume that Eva is considered to be an employee. What is her regular income tax liability for the year? Reference Regular tax liability Chapter 8 Homework Assignment i Saved Help Sa 21 Part 3 of 4 Required information Problem 8-68 (LO 8-3) (Algo) [The following information applies to the questions displayed below.) 2.77 points Eva received $70,000 in compensation payments from JAZZ Corporation during 2021. Eva incurred $9,500 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.) eBook Problem 8-68 Part c (Algo) Print 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? Reference Self-employment tax liability Additional medicare tax liability Chapter 8 Homework Assignment i Saved Help Sa 22 Part 4 of 4 Required information Problem 8-68 (LO 8-3) (Algo) [The following information applies to the questions displayed below.) 2.77 points Eva received $70,000 in compensation payments from JAZZ Corporation during 2021. Eva incurred $9,500 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.) eBook Problem 8-68 Part d (Algo) Print d. Assume that Eva is considered to be a self-employed contractor. What is her regular tax liability for the year? Regular tax liability Reference

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