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Eva received $64,000 in compensation payments from JAZZ Corp. during 2018. Eva incurred $11,500 in...

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Accounting

Eva received $64,000 in compensation payments from JAZZ Corp. during 2018. Eva incurred $11,500 in business expenses relating to her work for JAZZ Corp. JAZZ did not reimburse Eva for any of these expenses. Eva is single and she deducts a standard deduction of $12,000. Based on these facts answer the following questions:

b. Assume that Eva is considered to be an employee. What is her regular income tax liability for the year?(Round your answer to 2 decimal places.)

c.Assume that Eva is considered to be a self-employed contractor. What is her self-employment tax liability and additional medicare tax liability for the year? (Round your intermediate and final answer to the nearest whole dollar amount.)

d.Assume that Eva is considered to be a self-employed contractor. What is her regular tax liability for the year? (Round your answer to 2 decimal places.)

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