Installment Agreement/Divorcing couple - Spidell

Installment Agreement/Divorcing couple

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Message Board Installment Agreement/Divorcing couple

This topic contains 1 reply, has 2 voices, and was last updated by Lynn Freer 6 months, 1 week ago.

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  • #134486

    Hello -any guidance will be welcome. Divorcing couple owes taxes from 2011. I am trying to set up an Installment Agreement for each. Can I split the liability in half? What is to prevent the IRS from collecting all from the compliant spouse if only one pays?

    Thank You

  • #134528
    Lynn Freer

    The IRS will go after both taxpayers for the entire amount. I believe you set up a joint installment agreement and each pays one half. (If one qualifies for innocent spouse that spouse can be relieved, but it doesn’t sound like that happened and there are strict rules for who qualifies.