Solved

Identify the Rule That Determines Whether a Taxpayer Must Include

Question 36

Multiple Choice

Identify the rule that determines whether a taxpayer must include in income a refund of an amount deducted in a previous year:


A) Tax refund rule
B) Constructive receipt
C) Return of capital principle
D) Tax benefit rule
E) None of the choices are correct.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions