2014 CCH Whole Ball of Tax
Release (20) | Back to WBOT

2014 Wolters Kluwer, CCH Whole Ball of Tax

Contact:
Eric Scott , 847-267-2179, eric.scott@wolterskluwer.com
Brenda Au , 847-267-2046, brenda.au@wolterskluwer.com

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.

-- ### --

nb-14-14