Yahoo Answers is shutting down on May 4th, 2021 (Eastern Time) and beginning April 20th, 2021 (Eastern Time) the Yahoo Answers website will be in read-only mode. There will be no changes to other Yahoo properties or services, or your Yahoo account. You can find more information about the Yahoo Answers shutdown and how to download your data on this help page.

Would the irs audit me if I reported my stocks sold incorrectly by a dollar?

4 Answers

Relevance
  • tro
    Lv 7
    6 years ago

    there can be more than one area that an audit will consider, making a $1 error on your stock sale probably would not trigger an audit

    certainly could be part of a larger audit however

  • Judy
    Lv 7
    6 years ago

    They wouldn't audit you. There computers might bill you for any extra tax, but not likely. It probably wouldn't make any difference in what you owe.

  • 6 years ago

    Doubtful.

  • 6 years ago

    No.

Still have questions? Get your answers by asking now.