10 Things IRS Auditors Look for in Retirees' Tax Returns

Timely financial advice from a source you can trust: The Editors of Kiplinger's Personal Finance. [VIEW IN BROWSER]( [Kiplinger Special Report]( GREAT TIPS FOR YOUR RETIREMENT [10 IRS Audit Red Flags for Retirees]( [10 IRS Audit Red Flags for Retirees]( There are several factors that might increase a retiree's chances of having the IRS take a deeper (and unwelcome) look into their tax return. Here's what you should know. Plus: [Taxes in Retirement: How All 50 States Tax Retirees]( [READ MORE]( [6 Scams That Prey on the Elderly]( Many scams are universal, but some types of fraud target older adults specifically or affect them disproportionately. Plus: [14 Retirement Mistakes You Will Regret Forever]( [READ MORE]( SPONSORED CONTENT FROM PERSONAL CAPITAL [Do You Save Enough For Retirement?]( [Do You Save Enough For Retirement?]( Compare your savings, investing strategies and future expectations with other Americans like you. A nationwide poll by Kiplinger's Personal Finance and wealth management firm Personal Capital reveals important benchmarks you need to know. [READ MORE]( [5 Ways Retirees Can Play Defense With Portfolios]( Here's how to maintain control of your retirement security, no matter what the markets throw at you. Plus: [20 Dividend Stocks to Fund 20 Years of Retirement]( [READ MORE]( [Smart Strategies for Saving Big and Retiring Earlier]( Playing With FIRE author Scott Rieckens joins our Your Money's Worth podcast to reveal money-saving strategies that can help you retire sooner. Plus: [Knight Kiplinger's 8 Keys to Financial Security]( [READ MORE]( [30 Cheapest Places Where You'll Want to Retire]( The diverse destinations listed here -- from mountains and beaches to small towns and college towns -- all offer below-average living costs for retirees. Plus: [Best States to Retire: All 50 States Ranked for Retirement]( [READ MORE]( [How to Downsize Your RMDs]( You must start taking required minimum distributions from your IRA at age 70 1/2. But you can reduce the tax bill. Plus: [9 Smart Strategies for Handling RMDs]( [READ MORE]( Take the guesswork out of planning a richly rewarding retirement. Get concise, easy-to-understand help to reap all the rewards you labored so long to earn — and make sure your money lasts as long as you do! Updated for 2019, this 170-page handbook is packed with step-by-step advice to protect and guide you through every aspect of retirement planning and living. Includes free Family Records Organizer plus two more free bonuses. [Click to see contents]( or to order. ALSO ON KIPLINGER [Does Medicare Cover That?]( [Put Your Retirement IQ to the Test]( [Kiplinger] [Facebook]( [Twitter]( [LinkedIn]( All content ©2019 The Kiplinger Washington Editors 1100 13th Street, NW, Suite 750 Washington, D.C. 20005 Thank you for subscribing to our free Retirement e-newsletter, your guide to planning and enjoying a financially secure and richly rewarding retirement. If you ever wish to stop receiving this service, please [click here to unsubscribe.](