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equitable relief

Are You Responsible for Your Spouse's Tax Mistakes?

Megan Hughes's picture

Being married has lots of perks. Unfortunately it doesn’t always last, despite our best intentions and attempts to keep things together. And sometimes it can also lead to a major tax headache - especially when one spouse lets the other down, from a tax perspective.

The problem is that when you file a joint return with the IRS, you also both accept what’s called “joint and several” or “joint and separate” liability over paying anything that’s due. That means you aren’t on the hook for half of what’s due - you’re each responsible for 100% of the debt.

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