Oscar has elected to have 23% of his federal income tax withheld as state income tax. If $154.00 was withheld as federal income tax on his last paycheck, how much will be withheld from his paycheck for income tax in all?

a.
$35.42
b.
$118.58
c.
$177.00
d.
$189.42

1 answer

To find the total amount withheld for income tax, we need to determine what percentage of Oscar's total income tax is represented by the $154.00 that was withheld for federal income tax.

Let's call the total amount withheld for income tax X.

We know that X is 23% of Oscar's total federal income tax. So we can set up the equation:

23% of X = $154.00

To solve for X, we can multiply both sides of the equation by 100 to get rid of the percentage:

0.23X = $154.00

Then, we divide both sides of the equation by 0.23 to isolate X:

X = $154.00 ÷ 0.23 ≈ $670.43

Therefore, the total amount that will be withheld from Oscar's paycheck for income tax is $670.43.

Answer: None of the given options are correct.