This year Llyod a single taxpayer estimares his Tax Liability will be $10,000. Past year hos total tax liability was $15,000. He estimates his tax withholding from his employer to be $7,800

wachama will be loo. Last year. This told to any was 15,000. He estimates that his tax withholding from his employer will be $7,800, b. Assuming Lloyd does not make any additional payments, what is the amount of his underpayment penalty? Assume the federal short-term rate is 5 percent Dates Actual Withholding Required Withholding Over (Under) Withheld Penalty Par Quarter April 15th June 15th September 15th January 150 Total