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Refunds from closed accounts are not considered to be taxable income unless they are for amounts that were previously deducted.
If the estate has $600 or less in taxable income, there is no requirement to file a return.
Refunds from closed accounts are not considered to be taxable income unless they are for amounts that were previously deducted.
If the estate has $600 or less in taxable income, there is no requirement to file a return.
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