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John Woods' weekly gross earnings for the present week were $2,500. Woods has two exemptions. Single person (including head of household) If amount of wages

John Woods' weekly gross earnings for the present week were $2,500. Woods has two exemptions. Single person (including head of household)

If amount of wages (after subtracting withholding allowance) is: The amount of income tax withholding is:
Not over $43 $0

Over

But not over

of excess over

$43 $222.......$0.00 plus 10% $43
$222 $767.......$17.90 plus 15% $222
$767 $1,796....$99.65 plus 25% $767
$1,796 $3,700....$356.90 plus 28% $1,796
$3,700 $7,992....$890.02 plus 33% $3,700
$7,992 $8,025....$2,306.38 plus 35% $7,992
$8,025 .................$2,317.93 plus 39.6% $8,025

Using an $80 value for each exemption and the tax rate schedule above, what is Woods' federal income tax withholding? Round your answer to two decimal places.

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