Taxes: these elements on your income tax return which expose you to a tax audit

In matters of income tax, taxpayers’ declarations are presumed “accurate and sincere”. It is up to the administration to control its content. In this context, certain inconsistencies may cause you to be reminded by the tax authorities. Here are some mistakes not to make when filing your declaration.

This is an all-too-frequent oversight, MoneyVox points out: rents from the rental of real estate are subject to income tax. They must therefore be notified in the declaration. From now on, the tax administration can easily find out the real estate owned by a person. As soon as one of them owns two real estate properties, the question of the absence of rents in the declaration arises. But it does not constitute an anomaly; it can be a second home.

Rental platforms

Still when it comes to real estate, forgetting to declare income received via rental platforms can also cost you dearly. These platforms such as Booking or Airbnb are also required to transmit to the administration the number of nights spent through them as well as the amount received. The tax authorities can thus easily find those who have not declared.

Dependent children

Obtaining an advantage, in the form of an increase in the number of tax shares when you have a dependent child, is also a risk not to be taken. The taxable income is divided, as a reminder, by the number of shares. At constant income, the attachment of a child therefore allows you to pay less taxes. But it is a unique advantage, cannot be combined with the alimony paid to the same child and is tax deductible.

Tax credits

Finally, the accumulation of tax credits can also be considered an anomaly not to be committed. Certain expenses qualify for reimbursement, so this is an item carefully scrutinized by the tax authorities. And the larger the amount, the more monitoring it will have. Expenditures that are disproportionate to declared income will certainly warrant a tax audit.