WASHINGTON (WUSA9) -- Less than a month to go until your taxes are due. If you plan to use certain types of deductions, you could be putting yourself at a great risk of getting audited. Audits aren't really as common as you'd think. In 2010 and 2011, Marketwatch reports that the IRS examined 1 percent of all individual tax returns. But you raise your odds if you report certain types of income, deduction amounts and personal changes.
Here are some examples:
- Large amounts of income not subject to tax withholding
- Large deductions for charitable contributions, casualty losses, home office expenses, and travel and entertainment expenses.
- If you indicate a change of address when not reporting a sale of your residence and not changing your home-related deductions.
The tax man assigns numerical values to certain characteristics found on your tax return. More potential red flags than the average taxpayer could doom you to a date with an auditor. The exact list of red flags through is considered top secret.