re: #329 Anymouse 🌹🏡😷
I have never been audited, so I don’t know how much of a pain that is. That said, it would seem to me if you’ve been stupid but honest, it shouldn’t be a problem.
My wife says she was audited once; she made an overpayment and it was refunded. The only interaction she had was a letter, then a cheque.
Nowadays, though, they probably have computers matching forms to records from banks, businesses, etc to detect any discrepancies: so if I withdraw less than my total RMD from my IRA/401ks, they will probably automatically send a letter challenging this failure or if I don’t report certain interest or dividend, they can detect that error and automatically send out a letter.