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Wolters Kluwer, CCH can assist you with stories, including interviews with subject experts. Also, the 2014 Whole Ball of Tax is available in print. Please
contact:
Eric Scott
(847) 267-2179
eric.scott@wolterskluwer.com
Brenda Au
(847) 267-2046
brenda.au@wolterskluwer.com
Visit the Whole Ball of Tax site often as new releases and other updates will be posted
throughout the tax season.
Wolters Kluwer, CCH provides special CCH Tax Briefings on key topics at: CCHGroup.com/Legislation.
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2014 CCH Whole Ball of Tax
Individual Audit Data*
Individual Returns Filed |
Percentage Audited |
Total Individual Tax Returns |
1.1% |
TPI < $200,000
— 1040 without Schedule C, E, F, Form 2016 or Earned Income Tax Credit **
— 1040 without Schedule C, F or Earned Income Tax Credit; with Schedule E or Form 2106*** |
0.4%
1.1% |
TPI $200,000 < $1 million, non-business returns |
2.8% |
TPI $1 million or more |
12.1% |
TPI = Total Positive Income
Forms Filed By Self-employed Individuals
(Schedule C) |
Percentage Audited |
Sch. C TGR < $25,000 |
1.2% |
Sch. C TGR $25,000 < $100,000 |
2.4% |
Sch. C TGR $100,000 < $200,000 |
3.6% |
Sch. C TGR $200,000 or more |
3.4% |
TGR = Total Gross Receipts; does not include returns with Earned Income Tax Credit.
* Data is from returns filed in calendar year 2011 and is the most current available.
**Includes individual tax returns filed without a Schedule C (nonfarm sole proprietorship); Schedule E (supplemental income and loss); Schedule F (profit or loss from farming); or Form 2106 (employee business expense).
***Includes individual tax returns filed with a Schedule E (supplemental income and loss) or Form 2106 (employee business expenses) but without a Schedule C (nonfarm sole proprietorship) or Schedule F (profit or loss from farming).
Source: Wolters Kluwer, CCH: 2014
Permission for use granted.
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