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IRS innocent spouse relief

IRS Innocent Spouse Relief may give you the tax break you deserve. You don’t need to be burdened with the tax debt anymore. Some spouses I deal with feel guilty about trying to put distance between themselves and their spouse. There is no need to feel guilty. This is a sound financial move. Do not let feelings get in the way of securing your financial future. If you wait too long it will be too late. The IRS has strict qualification deadlines. At a minimum you owe it to yourself to find out if you qualify. Don’t let this opportunity pass you by. You may not be able to file for tax debt relief is you wait.

 Do you liable for your spouse’s tax debt? If you file a joint return with your spouse you will be equally responsible for the entire tax and any additions to tax, interest, or penalties that arise as a result of the joint return even if you later divorce. This rule also applies even if, one spouse earned all the income or claimed improper deductions or credits. This is also true even if a divorce decree states that a former spouse will be responsible for any amounts due on previously filed joint returns. In some cases, however, a spouse can get relief.

 Did you miss the deadline? Innocent Spouse Relief provides you with relief from additional tax you owe if your spouse or former spouse failed to report income, reported income improperly or claimed improper deductions or credits. You must request innocent spouse relief no later than two years after the date the IRS attempted to collect the tax from you. If you are looking for a refund of tax you paid, then your request must be made within the time period for seeking a refund, which is generally three years after the date the return was filed or two years following the payment of the tax, whichever is later.