My husband & I file separately. He owes back taxes, I don't. Can IRS take our home if the house is in both our names?The house ain't much, but it's paid for. How can they take half a house?
2007-05-04 08:57:21 · 4 answers · asked by D J 4 in Business & Finance ➔ Taxes ➔ United States
They can't take 'half the house'. They CAN force a sale and take half the proceeds. Legally you may not owe the IRS anything. Practically, if you want to keep the house, you may have to pay his taxes.
2007-05-04 12:40:04 · answer #1 · answered by STEVEN F 7 · 0⤊ 0⤋
They can't seize half of a house - they either seize the entire house, or nothing. To seize a house that you are living in as your principal residence, they have to get several approvals, including a court order from the District Court where you live, and give you notification. If it has reached the point that you are being notified, you need to get a good tax attorney, and quickly.
2007-05-04 10:50:19 · answer #2 · answered by aj485 5 · 0⤊ 0⤋
Has the IRS agent threatened to do so? Are you concerned they will do it within the next week or month? If so, get a great tax attorney immediately. Don't try to take care of this yourself.
2007-05-04 16:14:50 · answer #3 · answered by cwald888 3 · 0⤊ 0⤋
Houses are broken down in lots so once that lots are broken in half thats how it is divided equally. It'll become liquidated. Then you would have a smaller house or probably have to rebuild. That aint good but good luck and God bless with your future.
2007-05-04 09:08:05 · answer #4 · answered by Anonymous · 0⤊ 2⤋