Olga earned $1,558.00 during the most recent weekly pay period. She is single with 2 withholding allowances and no pre-tax deductions. Using the percentage method, compute Olga's federal income tax for the period. (Do not round intermediate calculations. Round final answer to two decimal places.) Table 5. Percentage Method-2017 Amount for one Withholding Allowance
A) $277.93
B) $339.25
C) $257.55
D) $314.75
Correct Answer:
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