If someone filed joint with their partner which owed money, but they were supposed to get money back but didn't because they received a letter saying they needed copies of information, in which the partner could not provide because it had been damaged, and the money owed back after what the partner owed was never returned, what should one do? Would there be problems or penalties for money not returned to the taxpayer? And if the taxpayer files single the next year?
2007-03-24 08:22:28 · 4 answers · asked by crissy00 2 in Business & Finance ➔ Taxes ➔ United States
It's not very confusing... In fact it is pretty simple. Your "partner", or spouse, must request copies of all information requested by the IRS. All institutions, including employers, are required to provide duplicate copies of all tax forms supplied if they are requested. You may have to pay a small fee, but it is a small price to pay to get your return back!
Also, if you're interested in getting your filing expenses paid for this year, click on the below link and enter your information...
2007-03-25 04:31:18 · answer #1 · answered by John M 2 · 1⤊ 0⤋
Now that truly is a confusing question.
If you filed a joint return with someone, and both your share of the refund and theirs was taken because of some error on the return, then you are probably out of luck. If you didn't respond to an IRS letter within the time specified, by default you've essentially agreed with their estimates or actions.
If you are later divorced, and file single, then no further holds would be placed on your refunds for money the spouse alone owed. But if it's money owed on a joint return, and it sounds like that might be what you're saying, then both parties who filed the joint return are liable until it's paid off. The IRS doesn't know or care who was the person who started the problem. If you signed the joint return, you're responsible for it.
2007-03-24 19:16:41 · answer #2 · answered by Judy 7 · 0⤊ 1⤋
What?
What?
What?
Someone doesn't file "joint" with their partner.
Partners file their own tax returns and they file a partnership return on Form 1065.
Almost always information can be replaced, if not then it's just lost. You'd either tell IRS what they are asking for or tell them you cannot provide the information, they will proceed from there.
Money not returned to the taxpayer? what taxpayer?
Jo just doesn't understand the question very well...
2007-03-24 15:38:10 · answer #3 · answered by Jo Blo 6 · 0⤊ 4⤋
Jo Blo: I believe 'partner' in this case means 'spouse' or 'domestic partner', not 'business partner'. That said, I'm also confused about what the question is asking. It sounds like talking to a professional tax adviser is in order.
2007-03-24 17:54:56 · answer #4 · answered by STEVEN F 7 · 1⤊ 2⤋