Tax Season-Audit Chances Slim This Year


Published 04/16 2014 08:25AM

Updated 04/16 2014 08:27AM

Your federal tax return or a request for an extension had to be postmarked by midnight.

And now, while you wait to get it all processed. 

The chances the IRS will audit you are pretty slim this year.

Less than 1-percent.

The IRS simply doesn't have the staff anymore to closely inspect every return.

Still the risk rises with income.

If you make $200,000 the risk is 3-percent.

But it's nearly 11-percent for those who make more than a million dollars a year.

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