Understanding Tax Refunds in 2024

Understanding Tax Refunds in 2024

Assessment

Interactive Video

Business

9th - 10th Grade

Practice Problem

Hard

Created by

Jennifer Brown

FREE Resource

5 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the average tax refund amount last year?

$3,000

$5,000

$4,000

$2,000

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How long does the IRS claim it takes to issue most refunds?

14 calendar days

21 calendar days

30 calendar days

45 calendar days

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the purpose of the 'Where's My Refund' tool?

To file tax returns

To check refund status

To calculate tax owed

To contact IRS support

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What improvements were made to the IRS refund tracker tool?

Faster processing times

More detailed status updates

Extended filing deadlines

Increased refund amounts

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

By when are refunds expected for those claiming the earned income tax credit in 2024?

January 15th

February 27th

April 1st

March 15th

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