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<p>[QUOTE="Digenes, post: 938402, member: 16318"]I have been audited once and it was not fun. Trouble was that my income as reported did not match my "lifestyle". When I reported for the audit, they told me, that could not understand how I could only have a reported income of 650 dollars a month yet afford a 1400 dollar a month morgage and a 350 dollar a month car payment. Yes I filed my taxes properly and legally and reported all required income. The confusion came in because I am on SSD, which they didn't check first and also get VA Disability, which is totally non-reportable (to that point you get no 1099-Rs,) Luckly I had kept all my 1099-Rs, SSA-1099's, form 1098's and earned intrest statements from my bank along with my VA Disablity rateing letter which I received back in 1997 and the audit was in 2008. (thank god I had the last 10 years worth)</p><p>It was the non-reportable VA disablity that tripped their flags with my taxes.</p><p>It was a very nerve wracking experence to say the least, but in the end they agreed I had done nothing wrong.</p><p>I guess basicly what I am saying is, yes they do look at lifestyle when they decide to audit.</p><p> </p><p>Dave USNR and Diabled Vet.[/QUOTE]</p><p><br /></p>
[QUOTE="Digenes, post: 938402, member: 16318"]I have been audited once and it was not fun. Trouble was that my income as reported did not match my "lifestyle". When I reported for the audit, they told me, that could not understand how I could only have a reported income of 650 dollars a month yet afford a 1400 dollar a month morgage and a 350 dollar a month car payment. Yes I filed my taxes properly and legally and reported all required income. The confusion came in because I am on SSD, which they didn't check first and also get VA Disability, which is totally non-reportable (to that point you get no 1099-Rs,) Luckly I had kept all my 1099-Rs, SSA-1099's, form 1098's and earned intrest statements from my bank along with my VA Disablity rateing letter which I received back in 1997 and the audit was in 2008. (thank god I had the last 10 years worth) It was the non-reportable VA disablity that tripped their flags with my taxes. It was a very nerve wracking experence to say the least, but in the end they agreed I had done nothing wrong. I guess basicly what I am saying is, yes they do look at lifestyle when they decide to audit. Dave USNR and Diabled Vet.[/QUOTE]
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