Some tax advice.
My dad called me today. He is an accountant and called to tell me he had filed my taxes and that I would have had a fortune if it were 1906 (don't know why he picked that year). Gotta love dad. Anyway, Broadsheet breaks down a particular tax code that is good to know.
...if you're married and you have any reason to suspect that your spouse may be a deadbeat, don't file a joint tax return. That's because if he (and usually it's a he; the dire scenario I outline here mostly affects women) cheats on his taxes and then leaves you (because that's just the sort of scumbag he is, and you should have listened to your mother all along), the IRS will make you pay back taxes and penalties on his income. This is what's known as the "joint liability" provision of the tax code. As the IRS explains it on its Web site, "One spouse may be held responsible for all the tax due even if the other spouse earned all the income or claimed improper deductions or credits."
Read more at Broadsheet...
0 TrackBacks
Listed below are links to blogs that reference this entry: Some tax advice..
TrackBack URL for this entry: http://www.feministing.com/cgi-bin/movabletype/mt-tb.fcgi/3116










Weekly Feministing Newsletter
Feministing RSS Feed
There is a form for deadbeat partners, in case one gets away - Publication 971, Innocent Spouse Relief. I didn't see this mentioned in the Salon article (and sorry, I don't want to read all about Pub. 971, I just wanted to point out that it's there).
1906 (don't know why he picked that year)
Good question, since a federal income tax was specifically disallowed by the Constitution before 1913.
I think he picked 1906 because it was 100 years ago. It's just a nice round number.