An IRS audit is more likely if you take the standard deduction as opposed to itemizing deductions.

Question

Quizplus · Accepted Answer

This statement is false. Whether you take the standard deduction or itemize deductions does not affect the likelihood of an IRS audit. The IRS selects returns for audit based on various criteria, such as significant changes in reported income or deductions from year to year and discrepancies in reported information compared to W-2s and 1099s.

An IRS Audit Is More Likely If You Take the Standard