Is it true that if you earn $6000.00 more than the previous year, your return and refund may be flagged?

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Is it true that if you earn $6000.00 more than the previous year, your return and refund may be flagged?

2007-02-01 08:18:30 · 5 answers · asked by kiwi8 2 in Business & Finance ➔ Taxes ➔ United States

5 answers

Not very likely. People who earn over $100,000 can get a $6,000 raise easily and many people get bonus checks that will change their income by $6,000. The IRS doesn't care what kind of good luck you had, just as long as you pay your taxes.

2007-02-01 08:24:34 · answer #1 · answered by Joe L 4 · 0⤊ 0⤋

Hasn't happened to me.

2007-02-01 16:22:40 · answer #2 · answered by J W 4 · 0⤊ 0⤋

Not if that is the whole story.

2007-02-01 16:24:26 · answer #3 · answered by Take Responsibility 2 · 0⤊ 0⤋

New one on me.

2007-02-01 16:25:51 · answer #4 · answered by PRS 6 · 0⤊ 0⤋

I never heard about it.

2007-02-01 16:23:40 · answer #5 · answered by onlinetaxsiteswatch 2 · 0⤊ 0⤋