Tags: IRS | taxpayers | audit | decline

IRS Audits of Individual Taxpayers Declined by 5.3% in 2012

Monday, 25 Mar 2013 03:35 PM

 

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The Internal Revenue Service audited 5.3 percent fewer taxpayers in 2012 compared with 2011, according to data released by the agency.

The IRS audit rate for individuals declined to 1 percent from 1.1 percent.

High-income taxpayers are much more likely to get audited than others. In 2012, the IRS audited 12.1 percent of individuals with income exceeding $1 million, down from 12.5 percent the year before.

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