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Assuming lloyd does not make any additional payments what

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Reference no: EM13571006

How much does Lloyd need to increase his withholding by, in order to avoid the underpayment penalty? Increase in withholding= ?

Assuming Lloyd does not make any additional payments, what is the amount of his underpayment penalty? Assume the federal short-term rate is 5%. Underpayment penalty=?

Reference no: EM13571006

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