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re: Pucker up your buttholes, IRS to jack up audits
Posted on 5/4/24 at 2:54 pm to LSUDVM1999
Posted on 5/4/24 at 2:54 pm to LSUDVM1999
More reason to use standard deductions and ensure you have documentation on things being deducted past that like child care or student loan interest.
Not that the IRS aren’t shitbags but it is hard for them to find much on a standard return outside of claiming dependents who don’t exist or are on someone else’s return.
Not that the IRS aren’t shitbags but it is hard for them to find much on a standard return outside of claiming dependents who don’t exist or are on someone else’s return.
3
Posted on 5/4/24 at 3:01 pm to teke184
quote:
a standard return
I’ve had rental income/losses for decades. Goes on Schedule E and is separate from standard deduction.
Easy target to make the small landlord’s life miserable or at least overly and unnecessarily complicated.
Posted on 5/4/24 at 3:16 pm to teke184
quote:
More reason to use standard deductions and ensure you have documentation on things being deducted past that like child care or student loan interest.
What a moronic take. If you have documentation and support for any positions you take on your return you are fine.
You should only be scared of any audit if you are doing shady shite and not following the law.
The IRS is not evil and there are actually some smart folks that work for the Service. They have plenty of issues that need to be fixed as well.
The IRS has "no change" audits all the time. They will not frick with you endlessly to find something that is not there.
This post was edited on 5/4/24 at 3:18 pm
Posted on 5/4/24 at 7:40 pm to teke184
quote:
More reason to use standard deductions
If your deductions far outweigh the standard deduction this makes no sense. Like most non w-2 taxpayers.
This post was edited on 5/5/24 at 5:03 am
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