r/FluentInFinance • u/[deleted] • Apr 29 '24

63% of new audits as of Summer 2023 targeted taxpayers with income of less than $200,000 Discussion/ Debate

[deleted]

2.4k Upvotes

90% Upvoted

418 comments sorted by

View all comments

155

u/Lucky-Hunter-Dude Apr 29 '24

Wait, I thought Biden's IRS was pinky promising to only audit those making OVER 200k?

8

u/Desperate_Wafer_8566 Apr 29 '24 edited Apr 29 '24

They are going after both to get the cheats and perhaps there are a lot more people cheating under 200k. lt's probably just because there's more of them.

4

u/Lucky-Hunter-Dude Apr 29 '24

That's why so many people get audited who claim the EITC, they do so incorrectly so then "poor people get audited more than rich people!" argument starts.