What is the difference between a fictitious refund and an overstated refund A fictitious refund is completely made up while an overstated refund is a refund made for less than the actual amount. A fictitious refund is nonexistent while an overstated refund is a refund is completely made up A fictitious refund is made for an amount more than the actual while an overstated refund is a refund made for less than the actual amount A fictitious refund is completely made up while an overstated refund is a refund made for more than the actual amount