Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

ARE TAX RETURNS RANDOMLY AUDITED BY THE IRS?

0
Posted

ARE TAX RETURNS RANDOMLY AUDITED BY THE IRS?

0

The IRS uses two methods to select tax returns for audit. With the first method, the IRS reviews and assigns a score to all tax returns. If your tax return has a score over a certain level it is manually reviewed. If, after this review, certain criteria are met the return is selected for audit. The second method is based on targeted programs or perceived area of abuse. If you are in a certain profession or business or if you file a certain type of form as a part of your tax return, your return could be selected for an audit.

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123