Your Answer
print

Using Audit Tools

Updated: 8/29/2008
Article ID: 3797

The Audit Risk Meter identifies some common situations in your tax return that may trigger an audit and, where possible, provides simple guidance to correct commonly audited errors.

The IRS audits approximately 1% of all tax returns every year. Although they do not publish a list of all situations that can trigger an audit (these situations appear to change from time to time), our research has identified some of the more typical "audit triggers."

These audit triggers can include areas where taxpayers commonly make mistakes, or other areas of IRS concern. If the IRS identifies an audit trigger that falls outside of the common situations that we've identified, it will not be highlighted as part of the Audit Risk Meter analysis. Additionally, the IRS selects a small percentage of returns at random for review every year.

As a result, there can be no guarantees that a particular return will not be selected for audit.

This feature is available in TurboTax Deluxe Deduction Maximizer, TurboTax Premier Investments and TurboTax Home & Business.

To run Audit Tools, select the Federal Review tab, select Audit Tools, then follow the on-screen instructions.

Note: If we find an audit risk, it does not mean your income tax return will be selected for an audit.

 

 

Find out what customers are saying on our Live Community.

Ask a question
Help others
Discover your answer

TurboTax Live Community

TurboTax Live Community

Top answers our customers are viewing:

Did this article help you?
Yes, it did...  
No, it didn't...
Your Feedback
Cancel Submit