Can ChatGPT Do Your Taxes? Quiz

Answers and explanations appear as you take the quiz.

1. Why might a chatbot give you last year's retirement contribution limit instead of this year's?
   • The IRS forbids chatbots from using current figures
   • Its training data mixes several tax years, and many limits are adjusted annually
   • Contribution limits never change, so either year is fine
   • Chatbots only know state tax law
2. According to the guide, what is the most reliable way to improve a chatbot's multi-step tax arithmetic?
   • Ask the question in all capital letters
   • Have the tool run actual code for the calculation
   • Ask the same question twice
   • Use a longer prompt with no numbers
3. If a chatbot's bad advice causes you to understate your tax, who is responsible?
   • The chatbot company
   • The IRS, for not warning you
   • You, the taxpayer
   • No one, because it was an honest mistake
4. Which item does the guide say you should NOT paste into a general-purpose chatbot?
   • A general question about marginal tax brackets
   • A redacted summary of an IRS notice
   • Your Social Security number and unredacted tax forms
   • A question about which documents to gather
5. What does the guide mean by the "missing facts" error?
   • The chatbot deletes part of your question
   • The chatbot answers as asked and rarely probes for details that change the answer
   • The IRS website is missing information
   • The chatbot refuses to answer tax questions
6. What should you do when a chatbot cites a specific IRS publication?
   • Trust it, because citations prove accuracy
   • Open the cited source and confirm the figure yourself
   • Ask the chatbot to cite a second publication instead
   • Ignore citations and use the answer anyway
7. Which task does the guide describe as a strength of chatbots for taxes?
   • Filing your return electronically
   • Guaranteeing penalty protection
   • Explaining concepts like the standard deduction versus itemizing in plain language
   • Calculating state credits without any verification
8. Which details does the guide recommend stating up front to get a better chatbot tax answer?
   • Your bank password and account number
   • Tax year, filing status, state of residence and relevant facts
   • Only your age
   • The name of your employer's CEO