Ask Question
6 September, 17:56

If an individual overpays taxes throughout the year, then after fling taxes he or she will receive

a deduction

a refund.

additional withholdings.

earnings.

+1
Answers (1)
  1. 6 September, 18:13
    0
    A refund

    Explanation:

    A tax refund is a reimbursement to a taxpayer of any excessive amount paid to the federal government or a state government. When a person receives a tax refund it means the person overpaid taxes in the past year. A regular employee can avoid this by Filling the form W-4 correctly and keeping it up to date. A self employed person can avoid overpaying by estimating their deductions more accurately.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “If an individual overpays taxes throughout the year, then after fling taxes he or she will receive a deduction a refund. additional ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers