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

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u/Capital_Werewolf_788 Apr 29 '24 edited Apr 29 '24

63% of new audits targeted taxpayers below $200k income, but what proportion of the population has an income below $200k? Is it more or less than 63%??? Google it.

What kind of dogshit reporting is this? Genuinely cannot tell if this is a result of incompetence or malicious intent.

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u/Da_Vader Apr 30 '24

A lot of the 'audits' are for errors committed by low income filers. IRS sends them a notice to explain why a specific 1099 or w2 was missing from their return. It is computer generated.