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From: ed@unisoft.UUCP
Newsgroups: net.taxes
Subject: Re: tax refunds as income?
Message-ID: <214@unisoft.UUCP>
Date: Sun, 4-Mar-84 01:16:45 EST
Article-I.D.: unisoft.214
Posted: Sun Mar  4 01:16:45 1984
Date-Received: Tue, 28-Feb-84 07:31:50 EST
References: <5739@decwrl.UUCP>
Organization: UniSoft Corp., Berkeley
Lines: 8

When you figure your taxes, you should deduct the amount actually
*paid* (i.e. money they have that was once yours; part of it
may still be yours), not the amount you turned out to owe.
Next year, when you get a refund, the refund counts as income.

-- 
Ed Gould
ucbvax!mtxinu!ed