Answer:
$445.10
Explanation:
The amount withheld for federal income tax depends on several factors, including Steve's filing status, income, and deductions. However, we can make an estimate based on some assumptions.
Assuming Steve is paid weekly and is paid for 52 weeks a year, his gross income would be:
$255.75 x 52 = $13,293
We also assume that Steve is claiming two allowances. Each allowance reduces the amount of taxable income subject to federal income tax withholding. For 2021, each allowance is equal to $4,300.
Therefore, Steve's taxable income for federal income tax purposes would be:
$13,293 - (2 x $4,300) = $4,693
To estimate the federal income tax withholding, we can use the IRS tax tables. For a single person claiming two allowances and earning $4,693 per week, the estimated federal income tax withholding would be:
$445.10
However, this is just an estimate, and the actual federal income tax withholding may be different based on Steve's specific circumstances. It's always best to consult with a tax professional for accurate tax advice.