Abstract Flash flooding remains a challenging prediction problem, which is exacerbated by the lack of a universally accepted definition of the phenomenon. In this article, we extend prior analysis to examine the correspondence of various combinations of quantitative precipitation estimates (QPEs) and precipitation thresholds to observed occurrences of flash floods, additionally considering short-term quantitative precipitation forecasts from a convection-allowing model. Consistent with previous studies, there is large variability between QPE datasets in the frequency of “heavy” precipitation events. There is also large regional variability in the best thresholds for correspondence with reported flash floods. In general, flash flood guidance (FFG) exceedances provide the best correspondence with observed flash floods, although the best correspondence is often found for exceedances of ratios of FFG above or below unity. In the interior western United States, NOAA Atlas 14 derived recurrence interval thresholds (for the southwestern United States) and static thresholds (for the northern and central Rockies) provide better correspondence. The 6-h QPE provides better correspondence with observed flash floods than 1-h QPE in all regions except the West Coast and southwestern United States. Exceedances of precipitation thresholds in forecasts from the operational High-Resolution Rapid Refresh (HRRR) generally do not correspond with observed flash flood events as well as QPE datasets, but they outperform QPE datasets in some regions of complex terrain and sparse observational coverage such as the southwestern United States. These results can provide context for forecasters seeking to identify potential flash flood events based on QPE or forecast-based exceedances of precipitation thresholds. Significance Statement Flash floods result from heavy rainfall, but it is difficult to know exactly how much rain will cause a flash flood in a particular location. Furthermore, different precipitation datasets can show very different amounts of precipitation, even from the same storm. This study examines how well different precipitation datasets and model forecasts, used by forecasters to warn the public of flash flooding, represent heavy rainfall leading to flash flooding around the United States. We found that different datasets have dramatically different numbers of heavy rainfall events and that high-resolution model forecasts of heavy rain correspond with observed flash flood events about as well as precipitation datasets based on rain gauge and radar in some regions of the country with few observations.