How Likely Is a Tax Audit?

Now that the tax deadline has passed, many Americans are hoping that they don't get selected for an IRS tax audit this year. While audits certainly aren't fun, the odds that your tax return will be chosen for an audit may be smaller than you think. Out of approximately 149.9 million individual tax returns filed for the 2016 tax year, the IRS audited 933,785.

This translates to just 0.6% of all individual tax returns.