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Simon files his income tax return after the due date. He did not file an extension form. The return indicated total tax liability of $

Simon files his income tax return after the due date. He did not file an extension form. The return indicated total tax liability of $20,000 before withholdings and estimated payments. He had $25,000 of taxes withheld, and therefore expects a $5,000 refund. Which of the following is true?

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