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Tom owed in excess of $1,000 when he filed his federal income return this year. Which of the following actions should Tom take to prevent
Tom owed in excess of $1,000 when he filed his federal income return this year. Which of the following actions should Tom take to prevent having a balance due next year?
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Tom should not do anything to prevent having a balance due next year.
Use the IRS Tax Withholding Estimator and adjust his withholding.
Decrease the amount of withholding on his Form W-4 for next year.
Ask his friends what they are doing to avoid having a balance due.
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