Form 1040-ES is filed along with the Form 1040 when a taxpayer makes estimated payments during the year.
Generally,an employer must withhold 28% of certain taxable payments if the payee fails to furnish the employer with a correct taxpayer identification number.
Employees claim withholding allowances on Form W-4.For each withholding allowance claimed,their withholding base is reduced by what amount for calendar year 2017?
Sergio is single,is paid $2,750 per week,and claims two withholding allowance.What is the amount of federal income tax withheld from Sergio's gross wages for the week using the percentage method? (Round your answer to 2 decimal places. )