serenityjade serenityjade

19-01-2018
Social Studies

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Under which circumstance might you receive a tax refund from the IRS?

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steakstanley3 steakstanley3

19-01-2018

You receive a tax refund from the IRS if your tax liability is less than the tax you paid for a fiscal year. This means that the tax you owe is less than what you paid for your taxes. Another circumstance is when you are entitled to tax credits.

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