How to Get Organized for Tax Season With AI Quiz

Answers and explanations appear as you take the quiz.

1. If you tell a chatbot you paid student loan interest this year, which form should appear on the document checklist it builds?
   • 1099-B
   • W-2
   • 1098-E
   • 1095-A
2. Why might a chatbot confidently give you last year's standard deduction amount?
   • The IRS does not publish the amount until after filing season ends
   • Such amounts are adjusted most years and the model may be trained on older data
   • Chatbots always search the web but ignore the tax year
   • The standard deduction is the same every year, so any number is fine
3. How does the guide describe the difference between a tax deduction and a tax credit?
   • A deduction is only for businesses; a credit is only for individuals
   • A credit increases your refund only if you itemize
   • They are two names for the same thing
   • A deduction lowers taxable income, while a credit lowers the tax itself
4. If you follow a chatbot's wrong advice and it leads to an error on your return, who is responsible?
   • The person who signs the return
   • The company that made the chatbot
   • Nobody, because the advice came from AI
   • The IRS, for not catching it
5. Which situation does the guide say calls for a CPA or enrolled agent rather than relying on a chatbot?
   • Finding out what a W-2 is
   • Making a list of documents you already have
   • Earning income in more than one state
   • Learning what a deduction means
6. Which way of prompting does the guide recommend for safer AI tax help?
   • Ask the chatbot to decide your eligibility for each credit
   • Ask it to list the documents and questions that apply, not to decide
   • Ask it to fill out the return and submit it
   • Ask it to guess the figures and round up
7. Which free, IRS-sponsored programs does the guide mention for eligible filers who can't afford a preparer?
   • Publication 17 and Form 1040
   • Enrolled agent and CPA
   • 1099-K and 1099-NEC
   • VITA and TCE
8. Before you paste tax records into a chatbot, what should you remove?
   • Social Security numbers, account numbers and addresses
   • Category labels like fuel and phone
   • The tax year and your state
   • Descriptions of your income sources