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Factors That Could Lead to an IRS Audit: 1. Unreported Income: It's crucial to declare all taxable income to the IRS. 2. Cash Deposits Over $10,000: Banks are required to inform the IRS about such deposits. 3. High Charitable Deductions: Unusually large deductions, compared to others with similar finances, can raise suspicions. 4. Self-Employment: Income and expenses reported on a personal tax return's Schedule C receive more scrutiny than those on a separate business return. 5. Overseas Income:
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