Understanding What Jointly Filing a Tax Return Means to the IRS

Unless filing a first tax return, you already knowthe screen indicating your balance is zero and the
that you must select a designation as a filer. TheATM eats your card. Hey! You go into the bank
most common choices are single, head ofonly to find out the IRS has cleaned out your
household, married filing jointly and married filingaccount. You call the Agency to find out that your
separately. For those who decided to file jointly, itex-spouse didn't resolve the tax debt and the IRS
is important to understand what this means tohas come after you.
the IRS.Can the agency do this legally? Absolutely. You
The IRS has one purpose in life. It is charged withand your ex filed the tax returns in question
collecting the tax revenues owed to the federal"jointly". To the IRS, this means that you are
government and is a sub-agency of the Unitedboth joint and severally liable for the debt. In
States Treasury. Congress likes to spend ourpractical terms, this means you are both liable for
money, so it gives the IRS some extremelythe debt. The IRS will go after both of you to get
powerful tools when it comes to collectingthe funds. If you ex has none, the IRS will look to
revenues. This includes the collection techniques atyou to satisfy the debt. It will clean out your bank
its disposal.account, levy your home and perhaps garnish
You meet a dazzling guy/girl one weekend at ayour wages.
party and agree to go on a date. Fast forward aAh, but what about the divorce agreement? Your
year later and the two of your are at the altarex agreed to handle the debt! Well, the IRS never
exchanging wedding vows. Fast forward anothersigned that agreement and it isn't binding on the
five years and things are not going so well. You'reAgency. You can go back after your ex for the
in divorce court and agreeing to a final dispositionmoney, but the family court probably isn't going
of property. Your now ex-spouse owes $45,000to have much luck getting the money if the IRS
to the IRS. As part of the agreement, he/shecouldn't.
agrees to take on the debt solely and pay theThe decision to file tax returns under the
IRS.designation married filing jointly is one that often is
Fast forward a year. You head over to the ATMmade with little thought by couples. This can be a
to get some money. A message comes up onhuge mistake down the road.