A calendar year taxpayer files his 2017 Federal income tax return on March 4, 2018. The return reflects an overpayment of $6,000, and the taxpayer requests a refund of this amount. The refund is paid on May 16, 2018. The refund need not include interest.

Question

Quizplus · Accepted Answer

The prompt states that the refund need not include interest, so it is not included in the refund amount paid on May 16, 2018.

A Calendar Year Taxpayer Files His 2017 Federal Income Tax