Solved: Historically about 1 percent of form 1040s are audited why, Financial Management

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Historically about 1 percent of form 1040s are audited why

Historically, about 1 percent of Form 1040s are audited. Why does a Form 1040 rejecting $31,000 AGI and a standard deduction have much less than a 1 percent chance while a Form 1040 rejecting $912,800 AGI and $214,790 itemized deductions has a much greater than 1 percent chance of audit?

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Financial Management: Historically about 1 percent of form 1040s are audited why

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Financial Management: Historically about 1 percent of form 1040s are audited why

Reference No:- TGS01180666

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