19 IRS Red Flags: What Are Your Chances of Being Audited?

These red flags could increase your chances of the IRS selecting your return for audit.

As you're getting ready to file your tax return, you may be wondering about the chances that the IRS will audit your return. Your fear might be heightened, knowing that the Inflation Reduction Act, enacted two years ago, gave the IRS $80 billion in extra funds over ten years, with a large chunk of that money to be used by the agency for increased enforcement activities. Congress has clawed back about $25 billion of that funding in last spring's debt limit deal

Most people can still breathe easily, however, because the majority of individual returns escape the audit machine. 

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Joy Taylor
Editor, The Kiplinger Tax Letter

Joy is an experienced CPA and tax attorney with an L.L.M. in Taxation from New York University School of Law. After many years working for big law and accounting firms, Joy saw the light and now puts her education, legal experience and in-depth knowledge of federal tax law to use writing for Kiplinger. She writes and edits The Kiplinger Tax Letter and contributes federal tax and retirement stories to kiplinger.com and Kiplinger’s Retirement Report. Her articles have been picked up by the Washington Post and other media outlets. Joy has also appeared as a tax expert in newspapers, on television and on radio discussing federal tax developments.