Did you know if your tax return was intercepted by the IRS due to your spouse owing a debt (child support-student loans-bad debt) that you did not know about that you can still claim your portion of the tax refund? If this situation has happened to you, you have up to two years to claim your funds. Generally, to qualify for Innocent Spouse relief, you must meet all of these conditions: •You must have filed a joint return which has an understatement of tax; •The understatement of tax must be due to erroneous items of your spouse; •You must establish that at the time you signed the joint return, you did not know, and had no reason to know, that there was an understatement of tax; •Taking into account all of the facts and circumstances, it would be unfair to hold you liable for the understatement of tax; and •You must request relief within two years after the date on which the IRS first began collection activity against you after July 22, 1998. Give us a call – 805-983-1151.
Posted on: Thu, 31 Oct 2013 20:00:01 +0000
Trending Topics
Recently Viewed Topics
© 2015