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    Federal Taxation
  4. Exam
    Exam 1: An Introduction to Taxation and Understanding the Federal Tax Law
  5. Question
    For Individual Taxpayers, the Interest Rate for Income Tax Refunds
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For Individual Taxpayers, the Interest Rate for Income Tax Refunds

Question 84

Question 84

True/False

For individual taxpayers, the interest rate for income tax refunds (overpayments) is the same as that applicable to assessments (underpayments).

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