Question: 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.