Will My Tax Return Trigger an Audit?
Worried that filing your tax return might lead to an IRS audit? While the IRS audits a small percentage of returns, certain factors can increase your chances.
Common Audit Triggers
- High Income: Taxpayers with higher incomes are audited more frequently
- Large Deductions or Credits: Claiming unusually high deductions relative to income, especially for charitable donations or business expenses
- Self-Employment Income: Small businesses and freelancers often face more audits
- Math Errors and Missing Information: Mistakes or omissions on your return
- Mismatched Income Reporting: Differences between your reported income and forms the IRS receives from employers or financial institutions
- Cash Transactions: Businesses handling lots of cash can attract IRS attention
How to Reduce Audit Risk
- File accurate and complete returns
- Keep thorough documentation for deductions and credits
- Use reliable tax preparation software or professionals
- Respond promptly if you receive an IRS notice
Related Topics to Learn More
- What to do if you are audited
- IRS notices that may follow audits
- Audit timelines
Need Help Filing an Audit-Proof Tax Return?
At KARME Tax Services, we help you:
- Prepare accurate, complete returns that minimize audit risk
- Document deductions and credits properly
- Respond effectively if you do receive an audit notice
Call 972-519-0041 today for professional tax preparation services.
