Solo 401k being audited

1 Reply

Create post

What’s the likelihood of your soloK being audited? In what circumstances it would raise the red flag even though you do nothing wrong?

Most retirement account audits start as a result of a personal audit. 

The biggest triggers are items outside of the normal. Consider years of significant changes.  It all goes into the IRS's scoring system call a DIF Score. 
Here is a great article detailing some statistics.

Create Lasting Wealth Through Real Estate

Join the millions of people achieving financial freedom through the power of real estate investing

Start here