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16 December, 18:47

Under what circunstancias might you receive a tax refund from the irs

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  1. 16 December, 21:55
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    You would basically 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. For example, earned income tax credit, child tax credit if you have children, etc. List goes on.
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