Question: For 2021 Tax bracket Required information Problem 4-31 (LO 4-1) (Algo) [The following information applies to the questions displayed below.) Emily, who is single, has

For 2021 Tax bracket Required information Problem 4-31 (LO 4-1) (Algo) [The following information applies to the questions displayed below.) Emily, who is single, For 2021 Tax bracket

Required information Problem 4-31 (LO 4-1) (Algo) [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 $150,200 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.) Problem 4-31 Part-a (Algo) 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.) Amount Description (1) Gross income (2) For AGI deductions (3) Adjusted gross income (4) Standard deduction (5) Taxable income (6) Income tax liability After-tax compensation b-1. Suppose Emily receives a competing job offer of $141,000 in cash compensation and nontaxable (excluded) benefits worth $9,200. 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.) Amount Description (1) Gross income (2) For AGI deductions (3) Adjusted gross income (4) Standard deduction (5) Taxable income (6) Income tax liability After-tax compensation b-2. Which job should she take if taxes are the only concern? O Competing job O Landscape consultant

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