"Can I be audited by the IRS? What should I do?"
As an AI language model, I cannot act as a lawyer, as I am not licensed to practice law or provide legal advice. However, here is some general information that may be helpful:
Yes, anyone can be audited by the IRS at any time. The IRS has broad authority to audit any tax return that it believes may contain incorrect or incomplete information, even if the taxpayer has already received a refund.
If you are audited by the IRS, it is important to follow their instructions and provide them with any requested documentation in a timely manner. You should also consider seeking the advice of a tax professional or attorney to help you prepare for the audit and ensure that your rights are protected.
If you believe that you have made a mistake on your tax return, you may want to consider filing an amended return before the IRS contacts you about an audit. This can help to minimize any penalties or interest that you may owe.
It is also a good idea to keep accurate records of your income and expenses, as well as any deductions or credits claimed on your tax return. This can help to minimize your chances of being audited and make the process easier if you are audited.
Finally, it is important to be honest and forthcoming with the IRS during an audit. Attempting to hide or cover up any mistakes or omissions can result in serious consequences, including penalties, fines, and even criminal charges.