I was planning to file my 2017 income taxes this evening. I got home and was greeted with a nice little letter from the IRS saying I am being audited for my 2015 tax return.
Viasat isn't evil.
I don't mind being audited by the IRS. I take a lot of deductions and knew this day would happen eventually.
What I didn't expect, was to get audited in the middle of tax season! Its going to be a freaking nightmare going to H&R block tomorrow while everyone else is standing in line to have tax returns done!
Auditing someone during tax season is just plain evil!
Viasat isn't evil.
I don't mind being audited by the IRS. I take a lot of deductions and knew this day would happen eventually.
What I didn't expect, was to get audited in the middle of tax season! Its going to be a freaking nightmare going to H&R block tomorrow while everyone else is standing in line to have tax returns done!
Auditing someone during tax season is just plain evil!
Stephen Rice, Champion
Posted 2 years ago
VeteranSatUser, Champion
Stephen Rice, Champion
Stephen Rice, Champion
Stephen Rice, Champion
One more rant. Thankfully, the standard deduction is doubling for 2018. Starting next year, I may never ever have to itemize to save money on my tax bill again.
I have a feeling people who take the standard deduction get audited a whole lot less than people who itemize.
I have a feeling people who take the standard deduction get audited a whole lot less than people who itemize.
VeteranSatUser, Champion
Ummm. Yes. I thought that was common knowledge. Other triggers. A big drop in earnings from one year to the next.
Stephen Rice, Champion
When I was right out of high school someone told me you could put anything you want on a 1040 EZ as long as you only took the standard deduction. He claimed to know people who lied about the numbers to get a bigger "refund." According to him, the IRS didn't verify anything on the 1040 EZ and just printed off checks.
Of course, that was nearly 20 years ago. I'd never try that, but it is nice to know that should I take that nice $24k standard deduction next year, my odds of getting audited are next to nothing.
Of course, that was nearly 20 years ago. I'd never try that, but it is nice to know that should I take that nice $24k standard deduction next year, my odds of getting audited are next to nothing.
(Edited)
Stephen Rice, Champion
I think your accountant is right. I needed some documentation from my company regarding my vehicle reimbursement. The company I work for has over 300 employees and has been in business for about 50 years.
It took me two weeks of going back and forth with HR to get the documentation I needed for the IRS. Shoot, even what they sent me doesn't match what the IRS is looking for word for word. My point is, my company acted like it is the first time one of their employees has needed documentation for a tax audit. Very strange.
It took me two weeks of going back and forth with HR to get the documentation I needed for the IRS. Shoot, even what they sent me doesn't match what the IRS is looking for word for word. My point is, my company acted like it is the first time one of their employees has needed documentation for a tax audit. Very strange.
VeteranSatUser, Champion
Just what all do you try and deduct :).
But you are right, doubling the standard deduction will eliminate more people from itimizing and therefore reduce the number of complicated tax returns.
But you are right, doubling the standard deduction will eliminate more people from itimizing and therefore reduce the number of complicated tax returns.
Stephen Rice, Champion
I drove 44k miles for my employer and another 6k miles for Uber that year. I'm sure that 50k mileage deduction set off a red flag. My employer does not pay the full IRS mileage amount, so I wrote off what they didn't pay.
Whats interesting is my coworker does the same amount of driving, has been with the company 25 years, and has never been audited by the IRS.
Whats interesting is my coworker does the same amount of driving, has been with the company 25 years, and has never been audited by the IRS.
VeteranSatUser, Champion
Why wouldn't your employer pay full mileage??? They are passing up money THEY could deduct. Weird!
Stephen Rice, Champion
Beats me.
Stephen Rice, Champion