IRS Form 8857 walkthrough - ARCHIVED COPY - READ COMMENTS ONLY

This is an older copy of the video we produced on IRS Form 8857. If you came to this video from another link, I apologize for the inconvenience.
Please feel free to review the comments to see if any of them are of benefit to you. To watch the most up to date version of this video, please check out this link instead: • IRS Form 8857 (Innocen...

[@vaz5630]

You are great and thorough. I just wish you spoke up some more. But awesome details thanks

[@amoxtlibissou9373]

Thank you for the clear breakdown. I can’t believe that this video only has 3 likes. 👍🏼

[@teachmepersonalfinance2169]

I'm glad that you appreciate the video. Please share with anyone who might benefit!

[@elaramirez6415]

I will follow up step by step your instructions and would let you know outcome. Thank you so much. Accountant sent form along with tax. I don’t think she is familiar with this case

[@teachmepersonalfinance2169]

Please feel free to check out our article, where we've written step by step instructions to help you walk through this IRS form! www.teachmepersonalfinance.com/irs-form-8857-instructions/

[@kristieandjeff2720]

So, my husband passed away December 2022 and I just got a letter stating he owes the IRS almost $70,000 for an audit they performed for 2019. I called them and they said someone filed a tax return, married filing jointly, for $1 that year in order to get one of those government relief checks that they were sending out? We have never filed jointly and I never did our taxes so I'm clueless as to what they are referring to so my question is will I be held responsible for that debt? One IRS person told me I needed to submit this innocent spouse form and then I was transferred to another IRS employee that said they don't use this form anymore and I need to file a form 4506? I am so confused I don't even know where to start 😔

[@teachmepersonalfinance2169]

@@kristieandjeff2720 I'm sorry that you're dealing with this so soon after your husband's passing. It seems that your husband might be a victim of tax-related identity theft. I would suggest one of two things: 1. Contact the IRS' identity theft office at: 800-908-4490. They should be able to walk you through this, and give you specific instructions. You may also consider filing IRS Form 4506-F, which will ask for a copy of (what seems like) the fraudulently filed tax return. This might be helpful if you find out that this is a wider spread case of identity theft, and might help any police investigations. 2. If the IRS doesn't give you a path forward regarding the fraudulent tax return, then I would seriously consider hiring a tax practitioner to help you work through this. This is not the kind of uphill battle that I'd recommend anyone to undertake on their own, much less a widow. For background, here is an article and video I created for IRS Form 4506-F: IRS Form 4506-F Instructions, Identity Theft Victim’s Request for Copy of Fraudulent Tax Return Article: www.teachmepersonalfinance.com/irs-form-4506-f-instructions/ Video: kzbin.info/www/bejne/f52znnqdpsSfo7c

[@kristieandjeff2720]

Thank you so much for your reply, I will definitely look into that​@@teachmepersonalfinance2169

[@danijelastrauss7069]

Do you have video on how to appeal (how to write) if they denied my Innocent spouse relief?

[@teachmepersonalfinance2169]

I just posted some videos about Innocent Spouse relief, including some things you may do in the case your request is denied. Take a look at the Innocent Spouse Relief playlist. Below is a summary of some of the IRS guidance about a denied innocent spouse relief request: Your Preliminary Determination Letter We send a preliminary determination letter to both spouses after we review Form 8857, Request for Innocent Spouse Relief. The letter explains the reason for our decision. If we denied relief, you both remain responsible for the taxes, penalties and interest. Both spouses can appeal the decision within 30 days from the date of the letter. How to Appeal a Preliminary Determination To appeal a decision, complete Form 12509, Innocent Spouse Statement of Disagreement. Present your information in chronological order and give specific dates. Send the form and any supporting documentation to the IRS address on your determination letter. Don’t send your completed form to an Appeals office, as it will delay the processing of your case. For help preparing your appeal, see: www.irs.gov/pub/irs-pdf/p5.pdf Tax Court Review Once we've completed our consideration of your request for relief, we'll send you a final determination letter. If you're the requesting spouse and disagree with our decision, you may petition the United States Tax Court within 90 days from the date of our final determination letter to review our decision. Also, if IRS has not made a final determination letter within 6 months after filing your request, you may petition the Court.