Today were going to talk about innocent spouse claim. This is one of those situations that you hate to have, but it’s useful to know about.
Typically, in the innocent spouse situation, one spouse is a W2 wage earner and the other spouse has their own business, but doesn’t pay in any estimated taxes. The business owner has always relied on the withholding paid from the spouse who is a W2 wage earner.
At the end of the year, this can cause a big mess. Watch the video above to learn more about how to handle this situation.
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