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Form 8857 for Montgomery Maryland: What You Should Know

If you are a qualifying spouse, you are eligible to be relieved from a tax liability. Your request must be supported by evidence that the relief could result in substantial monetary loss or economic loss. In addition to showing the relief is not already available, you must describe the amount and nature of the monetary loss or loss of the property, to which the request is being made, and the relationship, if any, of the person seeking relief with the qualifying individual. This does not include cases where the relief could result in a tax refund. Form 8857 (Rev. June 2021) — IRS Form 8857. (Rev. June 2021). Department of the Treasury. Internal Revenue Service (99). Request for Innocent Spouse Relief. ▷ Go to Form 7088: Notice of Property Tax Deficiency (G-Bond) for Non-Qualifying Properties See the page on G-Bonds & Property Tax Deficiency. The non-qualifying property is usually an equity partnership or a partnership with an employee stock ownership plan (ESOP).

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