Innocent spouse relief is a mechanism that allows you to be relieved of taxes, interest and penalties for items that were omitted or improperly reported on your joint tax return. The IRS has to be convinced that you had nothing to do with it and had no knowledge of the error or fraud.
Do you have additional legal questions regarding innocent spouse relief? Our taxation law attorneys are here to help. Contact a taxation lawyer near you today to get the answers and information that you are seeking regarding innocent spouse relief.
The important things to consider when filing for innocent tax relief are as outlined below:
There are four conditions to satisfy before you can possibly claim this relief. There has to be an understatement of tax due to erroneous items of your spouse. You signed the joint return at that time with no knowledge or reason to suspect the understatement. There should be clear indications that it would be unfair to hold you liable for the understatement.
You and your spouse should not have been a party to an attempt to defraud the IRS, other creditors or business partners by transfer of property to your name, considered as a significant benefit. In some cases, you can get partial relief. For instance, if your spouse reported gambling income of $5,000 on your joint return and it was actually $25,000, it could qualify for partial relief for the $20,000 unreported income and the interest and penalties for that amount. You would still have to pay tax debt for the $5,000 that was reported.
Would you like to learn more about innocent spouse relief? Are you currently facing any problems regarding your tax filing or tax return? Our taxation lawyers are here to help you during your crisis. Contact a taxation law attorney in your area as soon as possible for more information about innocent spouse relief.
Did you know?
Your marital status affects the outcome of a request for Innocent Spouse Relief.
When considering whether to grant Innocent Spouse Relief, the IRS will take into account whether you have been deserted by your spouse or if you are divorced or separated.