IRS Face-to-Face Audits of Federal Income Tax Returns Filed by Corporations


Return Type/Income Class
Percent of Returns Audited
Fiscal Year
2002 2001 2000 1999 1998 1997 1996 1995 1994 1993 1992
All 1120 Returns 0.88 0.89 1.07 1.51 2.04 2.62 2.28 1.96 2.13 2.97 2.90
No Balance Sheet 0.37 0.41 0.47 0.62 0.86 1.05 1.02 0.89 0.94 1.25 1.14
< $250,000 Assets 0.23 0.24 0.28 0.44 0.75 1.16 0.99 0.75 0.78 1.29 1.18
$250,000 < $1 Million Assets 0.75 0.76 1.07 1.65 2.49 3.49 2.71 2.14 2.42 4.03 4.00
$1 Million < $5 Million Assets 2.03 1.98 2.90 4.86 6.35 7.72 6.57 5.96 7.00 9.59 9.93
$5 Million < $10 Million Assets 4.48 5.13 6.84 10.09 13.44 15.98 13.95 14.72 15.66 19.31 18.78
S10 Million < $50 Million Assets 7.51 9.29 11.57 14.75 17.74 19.97 19.67 19.61 22.20 23.26 23.20
$50 Million < $100 Million Assets 10.39 11.95 14.27 16.05 17.53 19.25 20.75 21.49 24.29 25.38 28.48
$100 Million < $250 Million Assets 15.54 17.13 17.20 18.51 19.00 22.53 26.78 27.78 30.63 32.28 31.31
$250 Million Assets or more 33.68 31.36 30.51 34.55 37.27 45.86 48.38 50.92 54.68 55.52 54.63

Transactional Records Access Clearinghouse, Syracuse University Copyright 2003