What is your chance of being audited by the IRS?

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Audit rate based on 2017 IRS data:

Form 1040 taxpayer types, in descending likelihood of audit	Returns audited
International taxpayers	1 in 19
Taxpayers with gross income before deductions of over $1 million	1 in 23
Sole proprietors with gross income before deductions between $100,000 and $200,000	1 in 48
Sole proprietors with gross income before deductions between $200,000 and $1 million	1 in 64
Taxpayers with self-employment income under $25,000 who claim the EITC	1 in 72
OVERALL INDIVIDUAL AUDIT RATE	1 in 161
Farmers	1 in 228
Wage earners who make under $200,000 and don’t claim the EITC (65% of taxpayers fit this category)	1 in 364

Comments

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