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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,

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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 Weekly Biweekly Semimonthly Monthly Quarterly Semiannually Annually Daily or miscellaneous (each day of the payroll period) One Withholding Allowance $80.80 161.50 175.00 350.00 1,050.00 2,100.00 4,200.00 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 If the amount of wages (after wages (after subtracting subtracting withholding 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 But not But not Over- over- of excess over- Over- over- of excess over- $ 73 -$ 260 $ 0.00 plus 10% -$ 73 $ 227 -$ 588 $ 0.00 plus 10% -$ 227 $ 260 -$ 832 $ 18.70 plus 12% -$ 260 $ 600 -$ 1,711 $ 37.30 plus 12% -$ 600 $ 832 -$ 1,692 $ 87.34 plus 22% -$ 832 $ 1,745 -$ 3,395 174.70 plus 22% -$ 1,745 $ 1,692 -$ 3,164 $ 276.54 plus 24% -$ 1,692 $ 3,465 -$ 6,280 $ 553.10 plus 24% -$ 3,465 $ 3,164 -$ 3,998 $ 629.82 plus 32% -$ 3,164 $ 6,489 -$ 7,914 $ 1,259.66 plus 32% -$ 6,409 $ 3,998 -$ 9,887 $ 896.70 plus 35% -$ 3,998 $ 8,807 -$11,761 $ 1,793.42 plus 35% -$ 8,007 $ 9,887 $ 2,957.85 plus 37% -$ 9,887 $12,003 $ 3,167.52 plus 37% -$12,003 + A to Multiple Choice $214.75 O o $217.93 $211.51 O $239.25 O

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