My husband accumulated abck tax debt several years before we were married (8 or 9 actually) We married last year in March. We are concerned about attachment of bank accounts (both or our names are on them), attachment of the property (only in my name since 2000). Also, how does my husband find out how much he owes before filing his 06 return? Thanks!!
2007-02-14 08:06:51 · 4 answers · asked by allthewayroundtheworld 1 in Business & Finance ➔ Taxes ➔ United States
If you do not want to be legally liable for his tax debts you can file separately, and receive the
full refund that you are entitled to.
You can file jointly with him and file an Injured Spouse Claim, that would allow you to receive a portion of any refund based on your earnings and withholdings, but by your statement he already expects to owe again for 2006, so there probably would not be a refund if you file jointly or a very limited refund.
Do what is best for you, do the returns both ways see which is more beneficial to you
2007-02-14 08:17:47 · answer #1 · answered by Anonymous · 2⤊ 0⤋
I'm assuming that you're in the US. First of all, you're not liable for any debt that your husband accrued prior to your marriage. However, chances are that you're on the hook for anything since you've been married. The IRS can attach a joint account-as long as his name is on that account, they have a legal right to levy it.
Your husband can contact the IRS and ask for a statement of the total amount of his liability, with a breakdown of how much is tax, interest and penalty. There may be a possibility that he can negotiate with the IRS to reduce the debt-check on www.irs.gov for more detailed info about that.
Good luck!
2007-02-14 16:15:10 · answer #2 · answered by SuzeY 5 · 0⤊ 0⤋
As for finding out how much he owes, I don't know. But you can go to www.taxact.com and make 2 different files, only submit 1 of course! But kinda use it as a template to decide which option will be best for you. You'll need 2 different email addresses to do it though...
2007-02-14 16:16:08 · answer #3 · answered by Miranda 3 · 0⤊ 0⤋
If you file jointly you will be libel for what you sign. Do not pay his bills for him. This could come back to haunt you for ever, 'till it is paid off....
2007-02-14 16:28:12 · answer #4 · answered by buzzwaltz 4 · 0⤊ 1⤋