Every Year,the IRS Selects a Certain Number of Form 1040s

question 47

Multiple Choice

Every year,the IRS selects a certain number of Form 1040s for audit.What is the approximate average audit coverage rate (percentage of individual returns filed selected for audit) ?

• A)About 1%
• B)About 5%
• C)Between 10% and 12%
• D)None of the above

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