Irs, Income Tax | featured news

Ask the taxgirl: Getting Married When a Tax Liability Exists

Marriage

Taxpayer asks: Hello, I have a question please: If a person owes the IRS back taxes and wants to marry, is the other person affected when it comes to filing taxes jointly? Thank You. Taxgirl says: The short answer is no. Your personal federal income tax liability generally remains your own personal federal income tax liability even after you are married to another person.

 

IRS: 1,470 millionaires paid no income tax in '09

IRS: 1,470 millionaires paid no income tax in '09

The IRS says 1,470 millionaires paid no federal income taxes in 2009.

 

Mothers Don't Let Your Daughters Grow Up to be Innocent Spouses

Suppose that wife does not work in 2010, or that she works but has enough income tax withheld and remitted to taxing authorities to cover income tax on here income. Husband, on the other hand, has $400,000 of self-employment income in 2010. Having paid no estimated taxes, husband now owes $160,000 in Federal and State taxes on his income.

 

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