The "Risk Meter" is not much more than a guess. The IRS does not publicize their audit triggers and many audits are totally random.
The "Risk Meter" is not much more than a guess. The IRS does not publicize their audit triggers and many audits are totally random.
It's strange that you did not see the "audit risk" page in Turbotax. It shows up at the end of the process- just before you file. And also just before they ask if you want "audit protection". My risk us usually medium or high, but this year it was low. Don't know what made the difference..perhaps 30% fewer IRS folks. Anyway Audit Risk assessment is there at the end of the process.
Thanks for your reply. On the Turbo Tax site I found this when searching for info on the Audit Risk Meter: "It's exclusively available in TurboTax Deluxe, Premier, and Home & Business Desktop versions and can be accessed on the Review tab (under Audit Protection)."
I purchased an online version, not a Desktop version. So I think that is why I don't see any Audit Risk info.