What does it mean to be audited? Office auditors, called tax examiners, focus on specific items on the questionable tax return. When the IRS conducts an audit at the taxpayer’s home or place of business, it’s called a field audit. It usually means they have some questions about claims and deductions you have made, and usually for just one year.
You have to bring in extensive evidence of same. It means the IRS is going to call you in for a meeting because they have questions about what you put on your tax return.
Take all your receipts and substantiating documents for all the deductions you listed. If you cannot prove you spent. It only means that the audit was closed. In-office tax audits are necessary when the IRS needs a more detailed explanation than what a document or receipt can provide.
You also have the right to bring along an accountant or attorney for representation,. See all full list on hrblock. You may also be audited if your tax return reflects transactions with another taxpayer who is being audited.
Automatic red flags such as above average withholding for your income level may also trigger an audit.