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Level 1
June 1, 2019
Question

Does taking the standard deduction elimate an audit?

  • June 1, 2019
  • 1 reply
  • 13 views
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1 reply

Alumni - Champ
June 1, 2019

Not necessarily.

And do not confuse Schedule A (personal) deductions with Schedule C ones. You are still required to claim all of your Schedule C self-employment expenses, even if you take the Standard Deduction in lieu of Schedule A.