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-> Household Management
-> Finances
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amother
OP
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 Thu, Mar 02 2023, 11:16 pm
Just got a letter from the IRS that were being audited. I panic from these things.
Any advice?
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amother
Trillium
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Thu, Mar 02 2023, 11:21 pm
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Call your accountant. Bhatzlocha!
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cnc
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Thu, Mar 02 2023, 11:26 pm
I get audited very often - nothing to panic about. Mine are always random. 1/100 are audited randomly, even though there might have been nothing that was flagged.
Did they ask for specific documentation?
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amother
Ivory
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Thu, Mar 02 2023, 11:30 pm
| cnc wrote: | I get audited very often - nothing to panic about. Mine are always random. 1/100 are audited randomly, even though there might have been nothing that was flagged.
Did they ask for specific documentation? |
If you get audited very often, that’s not random. Most people never get audited. You might want to discuss with an accountant what kind of red flags you’re putting on your tax returns.
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cnc
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Thu, Mar 02 2023, 11:46 pm
| amother Ivory wrote: | | If you get audited very often, that’s not random. Most people never get audited. You might want to discuss with an accountant what kind of red flags you’re putting on your tax returns. |
I did discuss it with my accountant and the letter usually states that it is a random audit....
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amother
Chicory
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Fri, Mar 03 2023, 12:01 am
| cnc wrote: | | I did discuss it with my accountant and the letter usually states that it is a random audit.... |
That’s what they all say 😆
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amother
Snow
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Fri, Mar 03 2023, 12:07 am
| cnc wrote: | I get audited very often - nothing to panic about. Mine are always random. 1/100 are audited randomly, even though there might have been nothing that was flagged.
Did they ask for specific documentation? |
Do you use a home office deduction?
I find that that causes an audit frequently
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