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New Member
posted Jun 4, 2019 1:31:22 PM

Can someone tell me what my audit risk is?

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2 Replies
Level 15
Jun 4, 2019 1:31:23 PM

The "audit risk" meter has been discontinued in online TT.

New Member
Jun 4, 2019 1:31:24 PM

Besides having deductions that look puffed up, you can boost your odds of getting an audit notice with any of these:

--being self-employed (opportunities to cheat abound).

--having a 1099 mismatch (you show a $5,000 capital gain, the broker reports $15,000).

--having a large income (the IRS gets a better payback for audit efforts among the wealthy).

--claiming a large non-cash donation.

--reporting a loss from a business activity that could be a hobby.


Please see this  Forbes article  or  this TurboTax Blog  for more information.