Sunday 16 December 2018

Who’s More Likely to Be Audited: A Person Making $20,000 — or $400,000?

Who’s More Likely to Be Audited: A Person Making $20,000 — or $400,000?

If you claim the earned income tax credit, whose average recipient makes less than $20,000 a year, you’re more likely to face IRS scrutiny than someone making twenty times as much. How a benefit for the working poor was turned against them.
Read more: https://www.propublica.org/article/earned-income-tax-credit-irs-audit-working-poor?source=Snapzu

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