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#1
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![]() "Telamon" wrote in message ... Several audits in 43 years of filing returns is hardly a lot. Never paid a penny in additional charges, because I pay what I owe and pay it on time. You, on the other hand, seem to know all about frequent audits. How so? I've never been audited and most people only randomly get audited once so the fact that it has happened to you a number of times means you are raising red flags. The frequency of audit increases dramatically for those in higher income brackets. The frequency of audit increases dramatically for those filling the long form. The frequency of audit increases dramatically for those filing the self-employment income schedule. The frequency of audit increases dramatically for those with high charitable contributions. Those with a high number of claimed dependents get audited more often, too. Those filing form EZ1040 with a W4 that matches the IRS computer seldom get audited unless. Those with incomes over a half-million may get audited routinely every few years. |
#2
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"David Eduardo" wrote: "Telamon" wrote in message ... Several audits in 43 years of filing returns is hardly a lot. Never paid a penny in additional charges, because I pay what I owe and pay it on time. You, on the other hand, seem to know all about frequent audits. How so? I've never been audited and most people only randomly get audited once so the fact that it has happened to you a number of times means you are raising red flags. The frequency of audit increases dramatically for those in higher income brackets. The frequency of audit increases dramatically for those filling the long form. The frequency of audit increases dramatically for those filing the self-employment income schedule. The frequency of audit increases dramatically for those with high charitable contributions. Those with a high number of claimed dependents get audited more often, too. Those filing form EZ1040 with a W4 that matches the IRS computer seldom get audited unless. Those with incomes over a half-million may get audited routinely every few years. That's a bunch of baloney. I told you I not been audited and my tax situation is light years away from the easy tax forms and I know many people that make millions a year don't get audited either. So it's like I said. You are doing something that is questionable in the eyes of the IRS. I'm not saying you are doing anything wrong but that maybe you fit a profile that raises a flag. -- Telamon Ventura, California |
#3
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![]() "Telamon" wrote in message ... In article , "David Eduardo" wrote: "Telamon" wrote in message ... Several audits in 43 years of filing returns is hardly a lot. Never paid a penny in additional charges, because I pay what I owe and pay it on time. You, on the other hand, seem to know all about frequent audits. How so? I've never been audited and most people only randomly get audited once so the fact that it has happened to you a number of times means you are raising red flags. The frequency of audit increases dramatically for those in higher income brackets. The frequency of audit increases dramatically for those filling the long form. The frequency of audit increases dramatically for those filing the self-employment income schedule. The frequency of audit increases dramatically for those with high charitable contributions. Those with a high number of claimed dependents get audited more often, too. Those filing form EZ1040 with a W4 that matches the IRS computer seldom get audited unless. Those with incomes over a half-million may get audited routinely every few years. That's a bunch of baloney. I told you I not been audited and my tax situation is light years away from the easy tax forms and I know many people that make millions a year don't get audited either. Most of the personal finance magazines have calculated the different odds of audit at different income levels and with different types of filings. Everything I listed increases the probability of audit. Self-employment is also one of the major triggers, as it is one of the places income can be understated. So it's like I said. You are doing something that is questionable in the eyes of the IRS. I'm not saying you are doing anything wrong but that maybe you fit a profile that raises a flag. Since both instances had to do with split tax years in Puerto Rico, that was likely the reason. If one changes residence during the year, the portions of the year lived in each tax jurisdiction are taxed separately and without overlap, as with all other separate tax jurisdictions. |
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