Video transcript:
Worried about a tax audit? In this edition of TurboTax tips, we'll show you how TurboTax keeps your audit risk low.
The IRS conducts tax audits to verify that tax returns are accurate. And TurboTax reduces the chance of an audit by thoroughly reviewing your return before you file.
First, we guide you step-by-step to avoid making mistakes on your return. When you're done, TurboTax double-checks everything to ensure accuracy and avoid common audit triggers.
Plus, our audit risk meter shows you how likely you are to be audited before you even file. Our calculations are 100% guaranteed. If you face an IRS or state penalty or interest due to a TurboTax, we'll pay you the penalty and interest.
So is it possible to be randomly audited? While a random audit is possible, if you're selected, our free Audit Support Center can provide you guidance on what to do next.
We'll help you understand why the IRS contacted you and prepare you for the next steps. Remember, the IRS will only ever contact you by snail mail with a letter, and never by phone or email.
Use our Audit Support Center to understand what your letter means. You can find the link in this video's description.
For even more peace of mind, you can purchase one of our packages with Audit Defense Service before filing. This service connects you with a trained tax professional who will handle your entire audit process.
Visit
TurboTax.com for more info to help you file your taxes with confidence.
With TurboTax Live Full Service, a local expert matched to your unique situation will do your taxes for you start to finish. Or get unlimited help and advice from tax experts while you do your taxes with TurboTax Live Assisted.
And if you want to file your own taxes, TurboTax will guide you step by step so you can feel confident they'll be done right. No matter which way you file, we guarantee 100% accuracy and your maximum refund.
Get started now by logging into TurboTax and file with confidence.