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What is her regular tax liability for the year

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Question - Eva received $60,000 in compensation payments from JAZZ Corp. during 2016. Eva incurred $5,000 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.

Assume that Eva is considered to be a self-employed contractor. What is her regular tax liability for the year?

Reference no: EM132181012

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