Are You Likely To Be Audited?

auditAs tax season draws to a close, you may be wondering if you?re at risk. (Hint: Probably not.)

This post is in partnership with Money. The article below was originally published at

If Tax Day has you worrying about an IRS audit, you probably have little reason to be nervous. Last year, the IRS audited less than 1% of all taxpayers?and the federal agency is on track to audit even fewer people this year.

?The math is pretty simple. There are fewer audits because we have fewer auditors,? IRS commissioner John A. Koskinen told the New York State Bar Association in February. ?The IRS lost more than 2,200 revenue agents since 2010. Last year alone, there were 600 fewer auditors, with the total falling to 11,600?the lowest level in more than a decade.?

Still, some Americans are subject to more scrutiny than others. The IRS doesn?t spell out why auditors single out some returns for special treatment, but a look at the agency?s track record provides some clues. Here are the groups that are more likely to get the government?s attention:

1. People who report more than $10 million in income?or none at all

It?s like the old saying about why the bank robber robbed the bank: ?Because that?s where the money is.? With limited resources, the IRS takes a harder look at people with the most money (and the most to hide). In 2010, then-commissioner Doug Shulman told the New York State Bar Association targeting the rich was part of a new strategy to ?work smarter.?

?This is a game-changing strategy for the IRS,? Shulman said. ?Initially, we will be focusing on individuals with tens of millions of dollars of assets or income. Going forward, we will take a unified look at the entire complex web of business entities controlled by a high wealth individual, which will enable us to better assess the risk such arrangements pose to tax compliance.?

In 2014, the IRS audited more than 16% of returns reporting more than $10 million in income. But, as you can see in the table below, single-digit millionaires should take care with their tax returns as well.

Another group with a high-than-average chance of getting audited? People who report no income. If you?re reporting an operating loss on your business, the IRS might double check that you?re being honest. In 2014, the IRS audited 5.3% of the taxpayers who reported no income.

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