Help!! Audited on my 2021 Taxes over baseball cards!!

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#11

03-07-2024, 01:49 PM

Exhibitman Exhibitman is offline

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Quote:

Originally Posted by Gorditadogg

Adam, the IRS goes where the money is. The big guys have the highest odds of getting audited.

Sent from my SM-S906U using Tapatalk

Logical but not true. Per the Motley Fool, in 2022, there were 12.7 audits per 1,000 returns filed by the lowest-income wage earners (making it a 1.27% chance of audit) compared with 3.8 per 1,000 returns filed by all other individual taxpayers. They don't go where the money is, they go where the low-hanging fruit is, and people who cannot fight are the easy ones.

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Last edited by Exhibitman; 03-07-2024 at 01:51 PM.

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