Understanding Tax Refunds

Understanding Tax Refunds

Assessment

Interactive Video

Business

9th - 10th Grade

Hard

Created by

Nancy Jackson

FREE Resource

5 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the average tax refund amount last year?

$2,500

$3,300

$4,000

$5,000

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How long does it typically take to receive a refund if you e-file your tax return?

6 months

Less than 21 days

1 month

3 months

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main advantage of using the 'Where's My Refund' tool?

It offers tax-saving tips

It calculates your tax refund

It provides a personalized refund date

It helps you file your taxes

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the IRS's backlog of tax returns at the start of the tax season?

15 million

10 million

5 million

20 million

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What can cause a delay in receiving your tax refund?

Filing early

Checking the refund status frequently

Using e-file

Errors in the tax return