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#1
12-02-2005, 10:48 PM
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Re: Tax return question
[ QUOTE ]
If you're reporting less than $100,000 in income *and* it's mostly W2 income (wages, salaries & tips) you have slightly less chance of being audited than of being eaten by a shark. [/ QUOTE ] Odds of shark attack if you are in the US one in ten million. Odss of being audited by the IRS with an income of between $25K and $100K are about one in one hundred. Jimbo 
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#2
12-02-2005, 10:54 PM
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Re: Tax return question
Are the wins online or in a casino?
If in a casino, and no tax form, I would be inclined to believe I never won anything.
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#3
12-03-2005, 01:27 AM
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Re: Tax return question
[ QUOTE ]
Are the wins online or in a casino? If in a casino, and no tax form, I would be inclined to believe I never won anything. [/ QUOTE ] [img]/images/graemlins/diamond.gif[/img] [img]/images/graemlins/diamond.gif[/img] [img]/images/graemlins/diamond.gif[/img] [img]/images/graemlins/diamond.gif[/img] [img]/images/graemlins/diamond.gif[/img] [img]/images/graemlins/diamond.gif[/img] [img]/images/graemlins/diamond.gif[/img] [img]/images/graemlins/diamond.gif[/img] [img]/images/graemlins/diamond.gif[/img] [img]/images/graemlins/diamond.gif[/img]
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#4
12-03-2005, 01:45 AM
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Re: Tax return question
[ QUOTE ]
[ QUOTE ] If you're reporting less than $100,000 in income *and* it's mostly W2 income (wages, salaries & tips) you have slightly less chance of being audited than of being eaten by a shark. [/ QUOTE ] Odds of shark attack if you are in the US one in ten million. Odss of being audited by the IRS with an income of between $25K and $100K are about one in one hundred. Jimbo [/ QUOTE ] You probably have a better chance of being audited if you itemize. That schedule A is where people get cute. I know that claiming Moving expenses is a red flag.
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