A look at your chances of getting audited by IRS

A look at your chances of getting audited by IRS


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Estimated read time: 1-2 minutes

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The Internal Revenue Service audited less than 1 percent of the income tax returns filed last year. But your odds of getting audited vary greatly, depending on income.

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Individuals

146 million returns.

Audited: 1.4 million.

Audit rate: 0.96 percent.

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Income under $200,000

141 million returns.

Audited: 1.2 million.

Audit rate: 0.88 percent.

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Income $200,000 and above

5.3 million returns.

Audited: 172,000.

Audit rate: 3.3 percent.

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Income $1 million and above

363,000 returns.

Audited: 39,000.

Audit rate: 11 percent.

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Business returns

10 million returns.

Audited: 61,000

Audit rate: 0.61 percent.

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Small corporations (assets under $10 million)

1.8 million returns

Audited: 17,600.

Audit rate: 0.95 percent.

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Large corporations (assets over $10 million)

62,300 returns.

Audited: 9,900.

Audit rate: 16 percent.

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Source: Internal Revenue Service.

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