Question: ! Required information Problem 8 - 6 8 ( LO 8 - 3 ) ( Algo ) [ The following information applies to the questions
Required information
Problem LO Algo
The following information applies to the questions displayed below.
Eva received $ in compensation payments from JAZZ Corporation during Eva incurred $ 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 $ Based on these facts, answer the following questions:
Use Tax Rate Schedule for reference.
Note: Leave no answer blank. Enter zero if applicable. Round your intermediate and final answers to the nearest
whole dollar amount.
Problem 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?
Required information
Problem LO Algo
The following information applies to the questions displayed below.
Eva received $ in compensation payments from JAZZ Corporation during Eva incurred $ 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 $ Based on these facts, answer the following questions:
Use Tax Rate Schedule for reference.
Note: Leave no answer blank. Enter zero if applicable. Round your intermediate and final answers to the nearest
whole dollar amount.
Problem Part b Algo
b Assume that Eva is considered to be an employee. What is her regular income tax liability for the year? Assessment Tool iFrame
Kequirea information
Problem LO Algo
The following information applies to the questions displayed below.
Eva received $ in compensation payments from JAZZ Corporation during Eva incurred $ 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 $ Based on these facts, answer the following questions:
Use Tax Rate Schedule for reference.
Note: Leave no answer blank. Enter zero if applicable. Round your intermediate and final answers to the nearest
whole dollar amount.
Problem Part c Algo
c Assume that Eva is considered to be a selfemployed contractor. What are her selfemployment tax liability and additional Medicare
tax liability for the year? Required information
Problem LO Algo
The following information applies to the questions displayed below.
Eva received $ in compensation payments from JAZZ Corporation during Eva incurred $ 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 $ Based on these facts, answer the following questions:
Use Tax Rate Schedule for reference.
Note: Leave no answer blank. Enter zero if applicable. Round your intermediate and final answers to the nearest
whole dollar amount.
Problem Part d Algo
d Assume that Eva is considered to be a selfemployed contractor. What is her regular tax liability for the year?
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