Tool | May 2016
Calculator: What's Your Risk of a Tax Audit?
Now that your tax return has been filed, you're probably ready to close the books on last year. But what are the chances that the IRS might pluck your return from the mountain of paperwork for what one author calls "the ultimate curse of a civilized society — a tax audit"?
This Kiplinger calculator will give you the answer, based on official data from returns examined by the IRS in 2015. All we need to know is your income or, if you have your own business and filed a Schedule C with your tax return, your gross receipts for the year. Let's get started.