Question

Under which circumstance might you receive a tax refund from the IRS?

A. When your total of previous payments and applicable credits is more than the tax you owe.
B. When your total of previous payments and applicable credits is less than the tax you owe.
C. When your total of previous payments and applicable credits is equal to the tax you owe.
D. None of the above.

Answer 1

I think the correct Answer is letter D. None of the above.

Answer 2

Option A is the correct answer.

The circumstances under which one might receive a tax refund from the IRS is -When your total of previous payments and applicable credits is more than the tax you owe.

In simple words, one receives a refund when he/she had paid more amount in tax than it was meant to be. So, the additional amount paid by that person will be refunded.