ilmscore | Prediction Details
"if you receive that tax form then so do the IRS so if you don't report that you know they're gonna say this taxpayer received this income on this tax form and it's in our system but they didn't report it"
By ClearValue Tax | January 29, 2019 | Pending
From video
IRS Audit RED FLAGS for the SELF EMPLOYED - IRS Audit Triggers 00:06:50 - 00:07:04
Interpreted Prediction
If the IRS receives a tax form (e.g., for investment income, stock sales, interest income, W2-Gs) but it's not reported on the taxpayer's return, it will trigger an IRS letter and potentially an audit.

Prediction Details

Topic
Unreported Income

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