Most likely to be audited


Which of the following individuals is most likely to be audited?

Lola has AGI of $35,000 from wages and uses the standard deduction.

Marvella has a $145,000 net loss from her unincorporated business (a horse farm). She also received $350,000 salary as a CEO of a corporation.

Melvin is retired and receives Social Security benefits.

Jerry is a school teacher with two children earning $45,000 a year. He also receives $200 in interest income on a bank account.

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Accounting Basics: Most likely to be audited
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