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TIME Money

Half of Americans Can’t Answer These Three Simple Tax Questions. Can You?

By Shaina Mishkin

Think you’re ready for tax season? If you’re like most Americans, maybe you should study up.

Last month, online investment company Betterment polled 1,000 U.S. taxpayers to see what they did and didn’t know about the tax code. To be sure, most Americans answered some questions correctly. A slim majority correctly confirmed that income tax rates have come down in the past year. But a large majority of taxpayers flubbed other, arguably more important questions.

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This article originally published March 14th, 2019 on TIME Money