Which of the following should increase the likelihood that Mr.Clarke's Form 1040 will be selected for audit by the IRS?
A) Mr.Clarke is self-employed and reported $723,900 net profit on his Schedule C.
B) Mr.Clarke has four dependent children under age 17.
C) Mr.Clarke is a resident of California.
D) None of the above should increase the likelihood of audit.
Correct Answer:
Verified
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