Retired? Avoid These IRS Audit Red Flags

In general, IRS audits are primarily a concern for people who are still working. Retirees tend to claim fewer refundable credits and have less complex tax returns, so the audit rate for this group is typically lower. Even though retirees are less likely to be audited, it’s still a possibility—and it pays to be prepared.

There are a number of factors that can cause the IRS to take a closer look at your tax return.

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