[net.taxes] tax refunds as income?

ed@unisoft.UUCP (03/04/84)

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