Does Your Spouse Owe Back Taxes? You Just Might Be Liable

in Innocent Spouse Rule, IRS Collections

Wondering about tax liability? If you have recently gotten married if you are like many you may have neglected to find out your partners IRS tax status. After all, it really isn’t the most romantic subject. When two people wed, in the eyes of the IRS they become potentially one collectible entity. To avoid taking on your new wife or husbands’ old financial baggage you need to be proactive. If you plan on filing as married filing jointly. Whatever tax is owed on either of your behalf’s will be taken from any tax refund due to you. That means regardless of which one...

08 November

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Getting Married and Your New Spouse Owes the IRS? – Time to Dive into the Innocent Spouse Rule

Posted by dzadmin

in Bonita Springs Tax Lawyer, Innocent Spouse Rule

injured spouse rule IRS taxes filing jointly babbitt tax law bonita springs

The IRS and paying tax are difficult enough as a single entity. When you join forces and become legally married it can multiply the complications especially if one party owes the IRS. The innocent spouse rule allows a taxpaying spouse to avoid a tax obligation arising from errors made by their spouse on a joint return. Most often, the errors involve unreported income, past taxes owed, or an inflated deduction. The injured spouse in the case must apply for relief within two years of the IRS initiating collection or at the onset of the legalized marriage. You qualify if: You were/are married and filed...

Innocent Spouse Rule

Does Your Spouse Owe Back Taxes? You Just Might Be Liable

Getting Married and Your New Spouse Owes the IRS? – Time to Dive into the Innocent Spouse Rule

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