The following information applies to the questions displayed below This year Lloyd, a single taxpayer, estimates that his tax liability will be $10,750. Last year, his total tax liability was $15,500 He estimates that his tax withholding from his employer will be $8,275. value: 186 points a. How much does Lloyd need to increase his withholding by (for the year), in order to avoid the underpayment penalty? Increase in withholding