Viewing a single comment thread. View all comments

[deleted] OP t1_ja117w6 wrote

Reply to comment by Werewolfdad in First time filing taxes at 21, will this trigger an audit? by [deleted]

[deleted]

1

Werewolfdad t1_ja11kyy wrote

It’s not unexpected for someone your age to have not filed.

If you were reporting $360,000 in income, maybe that’d get more attention. But your earnings is in line with your age

5

BouncyEgg t1_ja11s2z wrote

There’s no previous years for you so there’s nothing to compare against.

Being audited isn’t as onerous as it may sound.

You can worry less about being audited the more accurate your records are.

If audited, you just get letters in the mail asking for you to submit the proof that you should already have maintained to substantiate your claims. That’s the vast majority of audits.

There’s no person with a badge who comes knocking on your door and shining flashlights in your eyes. There’s no handcuffs. There’s no chains. There’s no whips.

Just plain old boring paperwork.

3