Do you need assistance with Innocent Spouse Relief because your current or past spouse caused tax problems? If you meet certain requirements, you might be able to avoid having to pay taxes to the IRS. On a joint return, both spouses are automatically regarded as responsible for any unpaid taxes. If your circumstance qualifies for Innocent Spouse Relief, the IRS will exclude you from your obligation. This indicates that you will not be subject to the overdue taxes and related penalties.
Taxpayers may be eligible for innocent spouse relief if their current or former spouse underreported their tax obligations on their joint tax return and left them with a tax liability. The spouse who is asking for Innocent Spouse Relief must be able to demonstrate that they were unaware of the mistakes. Only taxes owed on your spouse’s earnings from job or self-employment are eligible for innocent spouse relief.
What occurs if the taxpayers who are jointly filing divorce or separate? Nothing, is the answer to that. The IRS will pursue both spouses to recover the past taxes they both still owe. The IRS will still pursue both taxpayers for the back taxes, notwithstanding a divorce and a court order requiring one spouse to pay the unpaid tax debt. The IRS will attempt to collect money from both parties if the taxpayers fail to pay the bill or make other arrangements for payment. This includes potential tax liens, wage garnishments or levies, and possible passport restrictions due to significant tax debt.
Because this option frequently offers a variety of advantages, many couples decide to file jointly. Unfortunately, many couples who filed jointly and discovered that their partner had given false tax information were left in a difficult situation. When married, filing a joint tax return has drawbacks. If the couple files a joint tax return for any year, they are both jointly and severally liable for all tax debts related to that return, according to Section 6013(d)(3) of the Code. This means that the IRS may pursue either spouse for any unpaid taxes or additional taxes that appear on the return. Many taxpayers mistakenly believe they have no relief alternatives available to them.
If a spouse filed jointly with them, they might ask if they are still liable for the taxes and fees that were due even though they didn’t make any of the income that was reported. Sadly, the IRS doesn’t examine the source of the claimed revenue. When allocating tax bills and penalties, the IRS is primarily concerned with the fact that a tax return was filed jointly. Even if your spouse earned all of the money that is under scrutiny by the IRS, you still need to take action to avoid consequences if you find yourself in this situation.
You would need to demonstrate that you were ignorant of the false or fraudulent information that was included on the tax return in order to be eligible for Innocent Tax Relief. You will be required to provide evidence to support your innocence. The following qualifications may apply to you:
Understating income is a significant offense to the IRS. Reportable taxable income, deductions, and tax credits can all be overstated. It’s possible that you signed tax forms without recognizing that the income amount was reported improperly. Fortunately, CuraDebt Tax can help you with all of your tax-related concerns.
Do you have to deal with the IRS because your ex-spouse or present spouse made tax mistakes? You should be aware that there’s a chance you can address the tax problem without having to pay any back taxes or penalties. The registered tax experts on our team at CuraDebt Tax can examine the particulars of your circumstance and determine the best course of action for avoiding liability. We can provide you with guidance and information regarding Innocent Spouse Relief and other tax relief solutions. Contact us today to learn more about Innocent Spouse IRS requirements to see if they apply to your case! 1-877-999-0486
Choosing the right financial partner is vital when navigating debt and personal finance. With numerous…
Debt can feel like a heavy burden, but finding the right debt relief partner can…
"I owe $20,000 in debt at a 28% interest rate, paying just above the minimum…
Tax debt can be a stressful topic, especially when it’s unclear who’s liable for covering…
E-Filing Taxes: Is It Right For You? Pros, Cons, And Expert Tips In today’s digital…
Can The IRS Take Your Pension? What You Need To Know If you’re concerned about…