If I file for an extension, will I automatically get audited? Or does it increase my chances of being audited?
This one falls under urban myth status, and no, your extension is not a trigger for an audit.
Most people have heard this, and many have repeated it as a "fact", but it's not a fact at all. So will you get your taxes in tomorrow for the deadline? Or do you need an extension?
VerifyThis did an article last week on this topic, and you can read through their coverage to see that no, it's not the trigger for an audit. And in fact about 1 out of every 10 people get an extension each year.
And as they say in their story, do the right thing, follow the steps, don't try to be tricky or smarter than and you should be just fine.
Read their in depth look at the topic at: No, filing a tax extension doesn’t increase your risk of being audited
Link to the article: https://www.verifythis.com/article/news/verify/taxes-verify/tax-extension-doesnt-increase-audit-risk/536-81360507-8793-41b0-838c-ce369b8282a1