What year is the IRS auditing?
The IRS generally has three years from the due date of your return to initiate an audit.
So, for example, the IRS has until April 15, 2020, to flag your 2016 return for an examination.
But don’t panic!.
What are the chances of being audited in 2020?
Statistically, your chances of getting audited are fairly low, with less than 1% of returns receiving a second look from the IRS each year. That said, some filers are more likely to land on the audit list than others — specifically, those who earn very little or no money, and those who earn a lot.
What month does IRS send audits?
In general, the IRS has a maximum of three years from the filing date of the return to request an audit. For many taxpayers, this date is April 15.
What causes you to get audited by the IRS?
Unreported Income The IRS receives copies of the same income reporting forms you do, from copies of your W-2 to Form 1099. … Leaving out wages, self-employment income, bonuses, and other income contributes to your audit risk. Be truthful to a fault and report all your income on your return.