Whe in t/s too high?

[Sunchimes]

I know I've seen this before, but I couldn't find it here on on the blog. My t/s is 41%, up quite a bit from last year. I'm 99.9% sure I did it right and have my records I used 4 months of after hours time.

At what point is it high enough that the IRS will raise their eyebrows and scowl at my return? Should I artifically back it down some?

[EntropyControlSpecialist]

I believe I once heard over 40% (even though i totally believe you!).

[TomCopeland]

Time-Space %

I know I've seen this before, but I couldn't find it here on on the blog. My t/s is 41%, up quite a bit from last year. I'm 99.9% sure I did it right and have my records I used 4 months of after hours time.

At what point is it high enough that the IRS will raise their eyebrows and scowl at my return? Should I artifically back it down some?

41% is typical for many providers. As long as you calculated it correctly, don't reduce it! I've won audits for providers who had a time-space % of 93%!

[Sunchimes]

Thanks Tom. I've done it 3 times, but my CPA will double check me, I'm sure. It just seemed really high.