What Factors are considered in determining whether or not to grant equitable relief?
-Current Marriage Status -Any abuse experienced during marriage -Whether spouse knew of understatement when tax was filed or it was deemed that a reasonable person would know -Financial hardship that is causing you not to meet your basic living needs of food, shelter, and clothing. -Divorce agreement that legal binds spouse to tax liabilities -Who is truly responsible for the tax understatement -If any significant benefited was received -The mental or physical status of the spouse when the joint returned was signed How do I request Innocent Spouse Relief? File Form 8857, Request for Innocent Spouse Relief. It is best to sign up for a free consultation so we can assist as the procedures can get very complicated.
