Question: 0 Required inflormation Problem 8 - 7 7 ( LO 8 - 5 ) ( Algo ) The following informution apples to the questions displyed

0
Required inflormation
Problem 8-77(LO 8-5)(Algo)
The following informution apples to the questions displyed below?
This year Lloyd, a single taxparye, estimates that his tax labalty will be $12.850. Last yeac, his total sax liabiliy was $16.900.
Problem 8-77 Part b (Algo)
b. Assuming Uloyd does not make any additional payments, what is the anourt of Nis underpoyment penalty? Assume the federal whon-4erm rate is 5 percent.
Note: Do not round intermediate calculations. Round your final answers to 2 decimal places.
\table[[Dation,Actual Whiholding,Requeved Wephulting,Ower (under) nemberd,Pruity Per Owers],[Apoll the,12.401.25,280125,1450.50,],[Jure 15en,,,,],[Sectunter 15s,-,,,],[January 15en,,,,],[Tabe,,,,3400]]
0 Required inflormation Problem 8 - 7 7 ( LO 8 -

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