True/False
Sam, a single individual, took an itemized deduction of $5,500 for state income tax paid in 2019.His total itemized deductions in 2019 were $18,000 and did not include any other state or local taxes.In 2020, he received a $900 refund of his 2019 state income tax.Sam must include the $900 refund in his 2020 Federal gross income in accordance with the tax benefit rule.
Correct Answer:

Verified
Correct Answer:
Verified
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