I finished a 1040 for a real estate agent. His Sch. C shows a profit. The LC analysis says the income and all the deductions are much higher than average "for a business of this type". The numbers are reasonable and accurate and typical expenses for a realtor. I don't have much confidence in the analysis report.
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It's a feature provided by Intuit? Why would you trust it?
I think the "analysis" is fashioned after something in Turbo Tax to give consumers a feel for how they compare to the "average"
I have glanced at it, but give it no real credence. All of my clients are special and none of them are average.
Here is a sample Analysis - on the right are links to various IRS pubs and stats.
I think most come from https://www.irs.gov/statistics
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