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

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


Answer: D


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