Unclaimed Tax Refunds Quiz

What is one reason people might not file their tax returns, leading to unclaimed refunds?

• They have already claimed their refund.

• They think they don't owe any tax.

• They believe they owe taxes.

• They are unaware of the tax filing process.

By what date must you claim your 2020 tax refund due to COVID-19 extensions?

• December 31, 2024

• May 17, 2024

• April 15, 2024

• June 30, 2024

What service can you use to access a transcript of your tax information?

• Tax Information Retrieval System

• Federal Tax Document Service

• IRS Get Transcript Online Service

• Online Tax Filing Portal

What is the maximum value of the Earned Income Tax Credit for the 2020 tax year?

• $6,660

• $8,200

• $5,000

• $7,500

What happens if you owe more taxes than your refund covers?

• You receive a penalty for late filing.

• You must pay the remaining balance.

• The IRS will waive the remaining amount.

• Your refund is forfeited.