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IRS Audit Triggers: How to Avoid Red Flags in Your Tax Return
Tax Expert Team•2024-01-10•10 min read
Understanding IRS Audit Triggers
While the chances of being audited are relatively low, certain factors can increase your risk. Understanding these triggers helps you file accurately while claiming all legitimate deductions.
Common Audit Triggers
High income levels, large charitable deductions, business losses, home office deductions, and math errors are among the most common factors that may trigger an audit. However, this does not mean you should avoid legitimate deductions.
How to Protect Yourself
Maintain detailed records, be honest and accurate, claim only legitimate deductions, and work with qualified tax professionals. Proper documentation is your best defense in case of an audit.
