How Do You Get An IRS Audit?
It should be noted that only about 1 in every 150 personal tax returns actually gets audited. However, there are certain “red flags” that stick out to the IRS. Just because you are getting audited doesn’t necessarily mean you did anything wrong. The IRS is simply looking for some clarification of a deduction or discrepancy on your tax return. If you keep proper records and receipts, you should not have a problem getting through a tax audit, but there are certain ways to ensure you get audited. Claim the wrong deduction. In many circumstances you might have claimed the wrong deduction or miscalculated. These circumstances can be remedied by talking with the IRS and paying back the miscalculated amount. If you intentionally claimed the wrong deduction, then you might get a tax fraud penalty. Claim unlikely charitable contributions. If you make $80,000 a year and claim $50,000 as a charitable contribution, this will likely make the IRS take notice. A good standard is that if you think the
