During a joint tax return process, unpredicted scenarios might result in a tax refund being allocated toward one spouse’s liabilities. If such circumstances are relatable to your position, Injured Spouse Relief can be a viable option. At Dimov Tax, we are aware of the importance of protecting your financial interests.
This relief makes sure of fairness in refund allocation as it is a provision that enables the unaffected spouse to reclaim their share of a tax refund if the IRS applies the joint refund to debts like:
- Overdue child support,
- Unpaid federal or state taxes,
- Defaulted student loans.
Qualifications
In order to fulfill eligibility status for Injured Spouse Relief, certain conditions should be met as outlined below:
- A joint tax return is filed.
- Part or all of your refund was applied to a debt solely owed by your spouse.
- Income is earned during the relevant tax season and the taxes are paid.
Steps to Filing for Injured Spouse Relief
The right elements are essential in the injured spouse relief application. We adopt a simplified but detail-oriented approach to cover all important aspects.
- Completing IRS Form 8379: This form is designed specifically for injured spouse claims. As the first step of the procedure, it should be submitted alongside the original tax return or as a standalone form.
- Supporting Documentation: W-2s, 1099s and other evidence clearly presenting the income and tax withholding must be attached.
- Monitoring the Status: It can take the IRS up to several weeks to process Form 8379. Tracking the process regularly enables you to be aware of the progress.
Contact Us Today
If you believe you are eligible for Injured Spouse Relief, don’t wait to reclaim what’s rightfully yours. Dimov Tax is here to present professional aid during the entire process with more than a decade of experience. Contact us today to schedule a meeting.
