Internal Revenue Code Section 6015 provides relief from liability on a joint tax return under certain circumstances.
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On a joint tax return, each spouse's capital losses must be tracked separately for purposes of this rule.
Moreover, if you have any reason to suspect there is something amiss financially, you may want to seriously rethink filing a joint tax return for 2012.
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Summed up, for a divorcing spouse with little or no taxable income for the tax year, signing a joint tax return may pose considerable liability risk with no appreciable benefit.
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And since he is eligible for a retirement plan at work, he is not eligible for a deductible IRA for himself or, assuming the couple files a joint tax return, a deductible spousal IRA for his wife.
And again, remember that a joint return requires two signatures: if you are filing a joint tax return, you and your spouse will each need to create a PIN and enter these PINs as your electronic signatures.
Internal Revenue Code Section 6015(f) provides that where a requesting spouse does not qualify for relief under Section 6015(b), the IRS may nonetheless relieve her of liability for the tax deficiency on the joint tax return where it is inequitable to hold her liable for the tax.
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These amounts double for a married couple filing a joint income tax return (and hence a joint Form 8938).
But if the couple files a joint income tax return, then each of them will be jointly and severally liable for the income tax reported, or properly reportable, on the joint return.
She should not have filed a joint income tax return with husband for 2010.
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Whether the requesting spouse was in poor mental or physical health on the date the requesting spouse signed the joint income tax return or at the time the requesting spouse requested relief from that return.
If the full amount of the joint tax is not going in with the joint return, the lower income spouse should probably not sign.
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If you and your spouse filed your 2009 returns as single or head of household and would have saved tax with a joint return, you need to act very quickly in order to preserve your right to a refund.
Federal form 1040EZ, Income Tax Return for Single and Joint Filers With No Dependents (downloads as a pdf).
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Most commonly, a federal income tax claim for refund is generally seized when you subsequently file a joint return with a spouse that owes federal income taxes.
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First, the U.S. Tax Court is not bound by orders compelling the parties to sign a joint return.
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