0/1 point Which of the following situations likely would require recognition of taxable income under the tax benefit rule? A state income tax refund received in 2021 by a single taxpayer who took the standard deduction on his 2020 federal 1040. A refund received from a fashion retailer that overcharged interest payments received from customers using its store credit card during 2020. The refunds were received in 2021. Consumer credit card interest is not deductible. A refund received in 2021 by a sole proprietor from one of her suppliers. The refund was a "loyal customer" rebate given to customers who had purchased over a certain dollar amount of goods during 2020. The sole proprietor runs a restaurant and the supplier sells perishable food items. None of the above would require recognition of income under the tax benefit rule.