AKA_AAP
03-18-2022, 04:07 PM
https://www.cbsnews.com/news/irs-audit-eitc-five-times-as-likely-to-get-audited/
Tax season is a fraught time for taxpayers, who are understandably eager to get their refunds quickly and who may fret that processing hiccups could delay their checks. But some Americans may have more grounds for concern than others: low-income households with less than $25,000 in annual earnings.
This group is five times as likely to be audited by the IRS as everyone else, according to a new analysis of IRS data by the Transactional Records Access Clearinghouse (TRAC) at Syracuse University. About 13 tax returns out of 1,000 filed by those earning less than $25,000 were audited in the fiscal year ended September 30, compared with a rate of 2.6 for every 1,000 returns for people with incomes above $25,000, TRAC found.
https://www.youtube.com/watch?v=ha14mjUU6-o
Starting at the 1:00 mark.
So people in the top 2%, like myself, are less likely to be audited than the lower income people (AlwaysWrongBladefd, FascistRRR3, OverweightAxe, RacistLegend32, LowIQoffthecourt). :pimp:
Tax season is a fraught time for taxpayers, who are understandably eager to get their refunds quickly and who may fret that processing hiccups could delay their checks. But some Americans may have more grounds for concern than others: low-income households with less than $25,000 in annual earnings.
This group is five times as likely to be audited by the IRS as everyone else, according to a new analysis of IRS data by the Transactional Records Access Clearinghouse (TRAC) at Syracuse University. About 13 tax returns out of 1,000 filed by those earning less than $25,000 were audited in the fiscal year ended September 30, compared with a rate of 2.6 for every 1,000 returns for people with incomes above $25,000, TRAC found.
https://www.youtube.com/watch?v=ha14mjUU6-o
Starting at the 1:00 mark.
So people in the top 2%, like myself, are less likely to be audited than the lower income people (AlwaysWrongBladefd, FascistRRR3, OverweightAxe, RacistLegend32, LowIQoffthecourt). :pimp: