Innocent Spouse – DougFreemanCPA.com

Filing jointly or separately as a married couple: What’s the difference?

Income Tax, Individual Income Tax, Tax Return, Taxes 2023, Taxes 2024 / Douglas Freeman

When you file your tax return, a tax filing status must be chosen. This status is used to determine your standard deduction, tax rates, eligibility for certain tax breaks and your correct tax. The five filing statuses are: Single Married filing jointly, Married filing separately, Head of household, and Qualifying surviving spouse. If you’re married, […]

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Married couples filing separate tax returns: Why would they do it?

2021 Tax Return, Adoption, American Opportunity Tax Credit (AOTC), Child Tax Credit, Federal Income Tax, Income Tax, Individual Income Tax, IRA, Lifetime Learaning Credit (LLC), Social Security, Tax Return / Douglas Freeman

If you’re married, you may wonder whether you should file joint or separate tax returns. The answer depends on your individual tax situation. In general, it depends on which filing status results in the lowest tax. But keep in mind that, if you and your spouse file a joint return, each of you is “jointly

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There may be relief from tax liability for “innocent spouses”

Income Tax, Individual Income Tax, Internal Revenue Service (IRS), Tax / Douglas Freeman

If you file a joint tax return with your spouse, you should be aware of your individual liability. And if you’re getting divorced, you should know that there may be relief available if the IRS comes after you for certain past-due taxes. What’s “joint and several” liability? When a married couple files a joint tax

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“Innocent spouses” may get relief from tax liability

Civil Fraud, Federal Income Tax, Federal Income Tax Filing, Income Tax, Individual Income Tax, Internal Revenue Service, IRS Audit, Tax, Tax Audits, Tax Deficiency / Douglas Freeman

When a married couple files a joint tax return, each spouse is “jointly and severally” liable for the full amount of tax on the couple’s combined income. Therefore, the IRS can come after either spouse to collect the entire tax — not just the part that’s attributed to one spouse or the other. This includes

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