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This year Lloyd, a single taxpayer, estimates that his tax liability will be $10,300. Last year, his total tax liability was $15,200. He estimates that

This year Lloyd, a single taxpayer, estimates that his tax liability will be $10,300. Last year, his total tax liability was $15,200. He estimates that his tax withholding from his employer will be $7,990. How much does Lloyd need to increase his witholding by (for the year), in order to avoid the underpayment penalty?

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