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I received a request for business income or loss verification. Should I send them everything they asked for?
I'm a part-time musician who made close to $9K last year and had expenses of about $2800 due to some new instrument purchases. I've been working as a musician for six years but this year Illinois sent me a "Request for Business Income or Loss Verification" and they want me to send a copy of Schedule C, 1099-MISC forms, sales slips, ledger pages of income and expenses, etc. Any reason I shouldn't send them all of this info? They say if I don't I'll be audited. I did purchase the audit protection from Turbotax. Let me know. Thanks.
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‎June 6, 2019
5:09 AM