After a brief update on coronavirus effects on the tax world, this episode brings a discussion of family-related tax issues. To start, the filing status chosen has different effects on the tax return. Specifically, when a married couple files a joint tax return, there could be further issues. That leads to the difference between injured spouse relief and innocent spouse relief.
Injured spouse relief applies when one spouse’s refund will be applied to the other spouse’s government debt.
Innocent spouse relief applies to married couples with tax debt when one spouse dies, there is a legal separation/divorce, or the spouses have been separated for 12 months. The requesting spouse cannot amend a joint tax return so must file for innocent spouse relief to get the debt divided or if the debt is all connected to the other spouse’s income. The form requires details about the marriage including education levels, involvement with filing the taxes, and whether there was domestic violence. Since there is so much to innocent spouse relief, I will be doing a follow-up episode.
Episode 179: ABA 2022 May Tax Meeting Followup
Episode 178: OIC Updates and Other Tax Topics
Episode 177: Boechler Decision and ABA May Tax CDP Presentation
Episode 176: PPS Issues and Criminal Tax Referrals
Episode 175: Signing for Clients and More LITC Grant Report Talk
Episode 174: PPS and the LITC Grant Report
Episode 173: Tax Court - Boechler and IRS Chief Counsel Answers
Episode 172: John Gilmore Interview on ID.me
Episode 171: 2022 ABA Section of Taxation Midyear Meeting
Episode 170: State and Federal Tax Issues
Episode 169: 2022 New Year Tax Resolutions
Episode 168: 2021 End of Year Wrap-Up
Working With TAS in 2021
Episode 166 - Offers in Compromise Review and Updates
Episode 165: FAQs and Other Updates
Episode 164: Should We Have Filing Statuses?
Episode 163: Tax Court Withdrawals
Episode 162: Tax Court and ABA Tax Meeting Followup
Episode 161: Tax Court and ABA Virtual Fall Tax Meeting Update
Episode 160: Client Deadlines
Join Podbean Ads Marketplace and connect with engaged listeners.
Advertise Today
Create your
podcast in
minutes
It is Free
City Manager Unfiltered
Potencial Americano
The ASIC Podcast
The Chris Plante Show
Red Eye Radio