For those of you who've paid income taxes in the US for *at least 5 years*: Have you ever had your personal taxes audited?
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Replying to @devonzuegel
Base rate here should be about 1% in out social circles, very inevenly distributed. (Being audited once with a material deficiency causes likelihood of further audits; combination of high dollar amounts and complicated situations makes one more likely to get it in any year.)
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Replying to @patio11 @devonzuegel
In 15 years of often *extremely* complicated returns (far above the dollar amounts) the worst thing I ever got was an automated ding by the IRS for about $20 in underreported income causing a $4 tax deficiency and $4 penalty. I never figured out what their actual issue was.
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Replying to @patio11 @devonzuegel
Is that something you can pay and accept the penalty, move on with your life? Or that you will likely get audit again and again?
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Sent in a check and never heard about it again. This is 10+ years ago now, and have had no in-person audits, correspondence audits, or notices of deficiency since.
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