Why Form 8815 Spouse 2022-2023

Instructions and Help about Why Form 8815 Spouse

Welcome to home base tax top of my name is lissandra Everett I am the home this tax lady where I help home business owners win the tax game home biz tax talk airs Monday through Friday 9:00 o'clock ish and when you tune into my show you're gonna hear about topics that are important to the home business community alright so today we're talking about the difference between injured spouse and innocent spouse okay so these are are two ways you can file your status if you're a spouse and you got some drama going on on the tax front so let's talk about it so when we're talking about an injured spouse and read spouse is dealing with a tax refund usually okay and then when you're talking about innocent spouse you're talking about a tax liability so we'll talk we'll tackle injured spouse first because really that's what you're gonna be hearing about on Facebook you guys at all social media people ticked off about the IRS taking a refund to satisfy a spouse's tax tax issue so what kind of things happen with innocent spouse well if you have a spouse that had that owes that child support has back taxes or oh student loans or even possibly have a state debt if you all file together then and produce a refund then the IRS will take the refund to satisfy the debt of that other spouse so this is why it's important to have these tax conversations before any filing gets going okay because you really need to know because we took go back and correct an innocence to correct injured spouse it takes lots of time now if you file but you know we if you claim injured spouse when you file you will...