Your Day Trading Tax and Accounting Experts!
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Frequently Asked Tax Questions
 
Will I increase my chances of being audited by filing amended tax return?
 
Answer:

Filing an amended return will not increase your chances of being audited. The IRS has stated it is better to file an amended return, than to leave an incorrect return filed. A correctly filed amended return will decrease your chances of being audited and could put cash into your pocket.

 

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