Which statement regarding the current Form W-4 is accurate?

Answer:

A.

It uses fewer pieces of information than the previous version to determine federal income tax.

B.

It can be used with either the wage-bracket or the percentage method of determining federal income tax.

C.

When determining federal income tax using the wage-bracket method, you can refer to the same tax tables associated with the previous version.

D.	Unlike the previous version, it calculates the number of withholding allowances.