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2017 Tax Guide: Deductions And Audit Risk

Source: forbes.com/sites/baldwin/2017/01/23/tax-guide-deductions-and-audit-risk/#1ec419c6714c - Jan 24, 2017

Compare your write-offs to those of your income peers

Are your 2016 itemized deductions going to be fat enough to trigger an audit? We have numbers that will help you judge the risks. This table shows average deductions, by income level, in four categories: real estate taxes, income taxes, interest and charitable donations.

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Category: General Business