Your friend Edgar has just finished his first yearworking full-time, and comes home beamingwith an envelope from the IRS, which has senthim a check for $650 after he sent in his tax forms.Explain to Edgar why this does not mean that hedidn’t pay taxes.

SWFT Corp Partner Estates Trusts
42nd Edition
ISBN:9780357161548
Author:Raabe
Publisher:Raabe
Chapter17: Tax Practice And Ethics
Section: Chapter Questions
Problem 7DQ
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Your friend Edgar has just finished his first year
working full-time, and comes home beaming
with an envelope from the IRS, which has sent
him a check for $650 after he sent in his tax forms.
Explain to Edgar why this does not mean that he
didn’t pay taxes.

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