 |
|
Some Americans may have more grounds for concern about getting audited than others. One such group is low-income households with less than $25,000 in annual earnings.
This group is five times as likely to be audited as everyone else, according to a recent analysis of IRS data by the Transactional Records Access Clearinghouse (TRAC) at Syracuse University. About 13 tax returns out of 1,000 filed by those earning less than $25,000 were audited in the fiscal year ended September 30, compared with a rate of 2.6 for every 1,000 returns for people with incomes above $25,000, the group found.
|
|
|
|
