Part IV: Audit a classmate
When you submit your taxes, you're not always done with your taxes....
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Mathematics, 05.05.2020 01:55 jkpope06
Part IV: Audit a classmate
When you submit your taxes, you're not always done with your taxes. The IRS conducts audits, or
reviews/examinations of an organization's or individual's accounts and financial information to ensure information is
being reported correctly. Only about 1% of people get audited, but it's a very serious thing so you want to make sure
you complete your taxes honestly and accurately. If you'd like, you can learn more about audits here.
2. Audit a teammate's 1040 and note any potential errors you see so you can discuss them with the person who
filed that report.
List the errors you see
Explain why you believe it might be an error. Use specific information
from the return in your explanation.
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Answers: 1
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