Call IRS For Transcript
November 6th, 2008
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Question: HELP! My new husband didn’t file taxes since 2003?
We have received wage and income transcripts that the IRS sent us for 2003-2006 and we finally filed them last week; however, they show interest for his school loans and also some things on house. He and his ex-wife sold the house and supposedly his ex-wife claimed everything regarding the house but it shows up on his wage and income transcripts. How do i find out what she filed or didn’t file? She kept the money from the house sale – so how do we fix this? Do i need to file an amendment to claim the interest that he paid on college loans? Sorry for all the questions, but I’ve called the IRS several times and a recording says they are too busy, call back tomorrow!!!!
We do not have a lot of money and I’m scared to death! Please help!
Answer: WOW that’s quiet a situation. here is what i think you might need to do. based on my understanding your husband did not file income taxes since 2003. if that is the case then the first thing you will need to do is file for the years from 2003 through 2007. about the situation with the house,. what form did you get? 1099 or is it a mtg interest? also if the house was sold that your husb. and ex wife owned then there must been some sort of agreement about the proceeds from the sale to be split (maybe in the divorce decree) but you need to find the specifics (which can be kind of weired that your husb has to ask his ex on what she did for taxes) if you guys are not tax savy i recommend asking a prof. for help your situation may not be too bad. you said you don’t have a lot of money that might qualify you for some credits which could result in refunds. now for the interest on student loans, they should be deductible but you will deal with that when you file the previous years returns. if you filled return already then you will need to file 1040X (depends on what form you file) to amend the return.
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