14 IRS Audit Red Flags

1. Making Too Much Money
2. Failing to Report All Taxable Income
3. Taking Large Charitable Deductions
4. Claiming Day-Trading Losses on Schedule C
5. Claiming Rental Losses (Real Estate Professional)
6. Deducting Business Meals, Travel and Entertainment
7. Claiming 100% Business Use of a Vehicle
8. Writing Off a Loss for a Hobby Activity
9. Claiming Home Office Deduction
10. Taking an Alimony Deduction
11. Running a Small Business
12. Failing to Report a Foreign Bank Account
13. Engaging in Currency Transactions
14. Taking Higher than Average Deductions
    
    ​*Sourced from Kiplinger