Olga earned $1,558.00 during the most recent weekly pay period.She is single with 2 withholding allowances.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.)

A) $259.15
B) $339.25
C) $295.65
D) $314.75
Correct Answer:
Verified
Q20: The amount of Federal income tax decreases
Q21: Natalia is a full-time exempt employee who
Q21: According to the Consumer Credit Protection Act,what
Q24: Melody is a full-time employee who earns
Q26: Warren is a married employee with
Q27: Caroljane earned $1,120 during the most recent
Q29: Andie earned $680.20 during the most recent
Q30: Ross is a full-time employee who earns
Q31: Adam is a part-time employee who earned
Q33: Wyatt is a full-time exempt music engineer
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents