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After you file
The original post date for these entries is 2019, and I was hoping for some current info pertaining to tax year 2020. As many business owners did not generate ANY business income, or if they did it was drastically reduced from previous years, due to COVID, is the general opinion here that a return showing a "High" Audit Risk due to Schedule C Business Loss will not be considered unusual by the IRS this year, and therefore won't actually be at a "High" audit risk?
Thanks in advance for your opinions.
‎April 10, 2021
6:58 PM