IRS Tax Refund Process Quiz

IRS Tax Refund Process Quiz

Assessment

Interactive Video

Business

9th - 10th Grade

Hard

Created by

Jennifer Brown

FREE Resource

5 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one of the main reasons for delays in IRS tax refunds this year?

Increased number of tax filings

Reduction in IRS staff

Faster processing of electronic returns

Processing holds due to tax credits

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which IRS transcript code indicates that your refund has been issued?

846

971

570

810

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How long does it typically take for electronic returns with direct deposit to be processed?

6 to 8 weeks

21 days

3 to 4 days

9 weeks

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What should you do if your refund status hasn't changed in weeks?

File a new tax return

Check your IRS transcript for more details

Wait for the IRS to contact you

Visit an IRS office in person

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a recommended method to avoid delays in receiving your tax refund?

Filing a paper return

Using direct deposit

Submitting an amended return

Waiting until the last minute to file