Innocent Spouse

Section 434(c)(1) of the Internal Revenue Code protects an "innocent spouse" from tax liability if certain conditions are met:
1. A joint return was filed
2. The return contained a "grossly erroneous" error
3. The innocent spouse establishes "lack of knowledge 4. In light of all the "facts and circumstances" it would be "inequitable" to impose the tax on the innocent spouse
Tax counsel should be consulted.