Irs Audit Flags THE IRS!!!! If I Made $24,000 AGI In 2008 And Now My AGI In 2009 Is $120,000, Will That Red Flag Me?

THE IRS!!!! If I made $24,000 AGI in 2008 and now my AGI in 2009 is $120,000, will that red flag me? - irs audit flags

If I $ 24,000 AGI in 2008 and now my AGI for 2009 of approximately $ 120,000, the red flag for me an IRS audit?

3 comments:

Bash Limpbutt's Oozing Cyst© said...

It is itself.

Most tests are on the statistical analysis of the comparison of tax deductions, etc. to work with people whose careers and related products. Just do not increase even with a significant jump in income, the chances of an audit.

Moreover, if, due to increased income from self-employment, the chances of an audit is likely to increase drastically. Not because of rising incomes, but because the companies, especially start-ups are much more likely to be an IRS audit is an employee.

NoraCat said...

Probably not. The main ways to have your chances of getting audited as follows:
* Arithmetic or factual errors in your tax return.
* Failure of the income from employment, for which he received in 1099 to report to.
* Distribute lose a hobby than a business.
* Reporting a lot of charitable contributions, without evidence.
* Ask your home as a deductible expenses.

NoraCat said...

Probably not. The main ways to have your chances of getting audited as follows:
* Arithmetic or factual errors in your tax return.
* Failure of the income from employment, for which he received in 1099 to report to.
* Distribute lose a hobby than a business.
* Reporting a lot of charitable contributions, without evidence.
* Ask your home as a deductible expenses.

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