Question: b . Assuming that Nichole itemized deductions in 2 0 2 4 ( which totaled $ 2 0 , 0 0 0 ) , how

b.Assuming that Nichole itemized deductions in 2024(which totaled $20,000), how will the refund of $2,700 that she received in 2025 be treated for Federal income tax purposes?

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