Community
:
Discussions
:
Taxes
:
Get your taxes done
:
Re: Does accidentally over-reporting taxable income by let's say $500, result in penalties if audited? Not claiming $500 in losses.
rjs
Level 15
Mark as New
Bookmark
Subscribe
Subscribe to RSS Feed
Permalink
Print
Report Inappropriate Content
Get your taxes done using TurboTax
The penalty is that you pay tax on $500 more income.
‎December 14, 2024
6:48 PM
