Olga Earned $1,558

Multiple Choice

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 2 decimal places.)
Table 5. Percentage Method-2019 Amount for one Withholding Allowance
Payroll Period One Withholding
Allowance
Weekly $80.80
Biweekly 161.50
Semimonthly 175.00
Monthly 350.00
Quarterly 1,050.00
Semiannually 2,100.00
Annually 4,200.00
Daily or miscellaneous (each day of the payroll period) 16.20
Percentage Method Tables for Income Tax Withholding
(For Wages Paid in 2019)
TABLE 1-WEEKLY Payroll Period
(a) SINGLE person (including head of household) − (b) MARRIED person−
If the amount of wages (after If the amount of wages (after
Subtracting withholding subtracting withholding
Allowances) is: The amount of income tax to withhold is: allowances) is: The amount of income tax to withhold is:
Not over $73...... $0 Not over $227...... $0
Over− But not over− of excess over− Over− But not over− of excess over−
$ 73 −$ 260 $ 0.00 plus 10% −$ 73 $ 227 −$ 588 $ 0.00 plus 10%
$ 260 −$ 832 $ 18.70 plus 12% −$ 260 $ 600 −$ 1,711 $ 37.30 plus 12%
$ 832 −$ 1,692 $ 87.34 plus 22% −$ 832 $ 1,745 −$ 3,395 $ 174.70 plus 22%
$ 1,692 −$ 3,164 $ 276.54 plus 24% −$ 1,692 $ 3,465 −$ 6,280 $ 553.10 plus 24%
$ 3,164 −$ 3,998 $ 629.82 plus 32% −$ 3,164 $ 6,409 −$ 7,914 $ 1,259.66 plus 32%
$ 3,998 −$ 9,887 $ 896.70 plus 35% −$ 3,998 $ 8,007 −$ 11,761 $ 1,793.42 plus 35%
$ 9,887 $ 2,957.85 plus 37% −$ 9,887 $ 12,003 $ 3,167.52 plus 37%

A) $239.25
B) $211.51
C) $214.75
D) $217.93