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Show One of7cTMliii6n7 Your Tax Return May Be Inspected Chances that your tax form one of 60,000,000 would be picked pick-ed for checking might seem low, yet the government does a surprisingly sur-prisingly extensive job of scrutinizing scrutin-izing according to Chang Times. Not all returns get the same attention at-tention although every one is checked for arithmetic. Some 40,-000,000 40,-000,000 small wage and salary earners' returns have little more on them than notations of total income, tax withheld and dependants. depend-ants. These are subject to only cursory examination. But about 20,000,000 returns receive re-ceive greater attention. If you earn between $5,000 and $50,000 or have a business that doesn't gross over $30,000, it's likely your form will be reviewed. The probability proba-bility is increased if you list unusually un-usually large medical deductions, interest payments or contributions. contribu-tions. And, if you request a large refund, you can be sure that your return will be audited. Even in the case of smaller refunds, increasingly increas-ingly greater care is being exercised exer-cised in making payments. |