Question: Jack and Jill filed a joint return in 2014 showing Jill's wages of $50,000 and Jack's self-employment income of $30,000. Jack and Jill divorced in
Jack and Jill filed a joint return in 2014 showing Jill's wages of $50,000 and Jack's self-employment income of $30,000. Jack and Jill divorced in 2015. In 2016, the IRS audited their return and found that Jack did not report $20,000 of self-employment income. Jill had knowledge of the omitted income. The additional income resulted in $6,000 of understated tax plus interest and penalties. Can Jill file for separate liability relief? Why or why not?
Step by Step Solution
3.48 Rating (161 Votes )
There are 3 Steps involved in it
No because to obtain relief from joint and several liabilit... View full answer
Get step-by-step solutions from verified subject matter experts
Document Format (1 attachment)
1262-L-B-L-T-L(8095).docx
120 KBs Word File
