IRS Requirements for Innocent Spouse Relief | Nationwide tax Consulting
As per IRS guidelines, when a married couple files tax jointly, both of them are liable for the taxes owed and it doesn't matter how much they earn individually. As per Nationwide Tax Consulting statement, if your spouse or former spouse make mistake on your joint return or lie on a portion of income, IRS won't care who did this and they will do everything they can do to recover the taxes and they will go after whoever they can find first. If your spouse or former spouse has put you in such situation, you may qualify for innocent spouse relief.
If you qualify for innocent tax relief, you are not responsible for back taxes or fees owed on a joint tax return. If there are chances of you for qualifying, schedule a consultation at Nationwide Tax Consulting and we will get you relief from the back taxes.
What IRS required for Innocent Spouse Relief?
1. The joint tax return you filed had an understatement of tax which is individually attributable to your spouse's mistake
2. While signing the joint return you were not aware that there was an understatement of tax
3. All the facts and circumstances of account show that it would be wrong to keep you responsible for understatement of tax
Types of Innocent Spouse Relief:
Classic Innocent Spouse Relief: With classic innocent spouse relief, you won't be responsible for back taxes and penalties, if your spouse or former spouse failed to report income on your joint tax return.
Separation of liability relief: This kind of tax relief allows you to divide understatement, interest, and penalties in between you and your former spouse.
Equitable Relief: In case you are not qualified for other two kinds of innocent spouse reliefs, you might be able to get relief from an understatement of tax through equitable relief.
We advise you to consider experts from tax resolution company such as Nationwide Tax Consulting to avoid any kind of risks.
In case of any queries, feel free to drop in comment box and we will write you back as quickly time allows.
If you qualify for innocent tax relief, you are not responsible for back taxes or fees owed on a joint tax return. If there are chances of you for qualifying, schedule a consultation at Nationwide Tax Consulting and we will get you relief from the back taxes.
What IRS required for Innocent Spouse Relief?
1. The joint tax return you filed had an understatement of tax which is individually attributable to your spouse's mistake
2. While signing the joint return you were not aware that there was an understatement of tax
3. All the facts and circumstances of account show that it would be wrong to keep you responsible for understatement of tax
Types of Innocent Spouse Relief:
Classic Innocent Spouse Relief: With classic innocent spouse relief, you won't be responsible for back taxes and penalties, if your spouse or former spouse failed to report income on your joint tax return.
Separation of liability relief: This kind of tax relief allows you to divide understatement, interest, and penalties in between you and your former spouse.
Equitable Relief: In case you are not qualified for other two kinds of innocent spouse reliefs, you might be able to get relief from an understatement of tax through equitable relief.
We advise you to consider experts from tax resolution company such as Nationwide Tax Consulting to avoid any kind of risks.
In case of any queries, feel free to drop in comment box and we will write you back as quickly time allows.
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