Many married couples chose to file “married filing jointly” because of the benefits receive through this filing status. For many couples there are no problems; however, in some cases there are problems, especially in divorce.
When a couple files MFJ status, they are both liable for any taxes due, even after a divorce decree. If a spouse or former spouse fails to report income, reports income improperly, or claims improper deductions or credits, one may get relief from tax liability via the Innocent Spouse Relief; thus, relieving them of tax liability caused by the other party.
In order to obtain Innocent Spouse Relief, the IRS requires several conditions to be met. If you are one who feels that you have fallen into such a situation, it is always best to sit down with a tax professional. Tax preparations fees can be deducted during the year incurred.
AllRight Consulting & Tax, LLC