IRS Insider: Ready To Conquer Tax Day? Which of the following is a tax credit designed to support education expenses? Child Tax Credit Earned Income Tax Credit (EITC) American Opportunity Credit Lifetime Learning Credit None What is the penalty for filing a federal tax return after the deadline without a valid extension? No penalty $100 flat fee 1% of the tax due per day 5% of the tax due per month None What does the acronym "IRS" stand for? Internal Revenue Service International Revenue System Income Reporting Service Internal Revenue Source None Which IRS form is commonly used for individual income tax returns? Form 1040 Form 1099 Form W-2 Form 8862 None What is the deadline for filing federal income tax returns in the United States? March 31 April 15 May 1 June 30 None Time's up Most Popular