Can the IRS Foreclose on an Inheritance that is Jointly Owned?

Published Categorized as Articles, Austin, Tax

What happens when someone inherits money from their parents, but they also owe the IRS? Can the IRS collect on the inherited assets? What if the taxpayer only inherited a fractional interest in the property? Can the IRS foreclose on the property to pay the back taxes? The court considered this in United States v.… Continue reading Can the IRS Foreclose on an Inheritance that is Jointly Owned?

The post Can the IRS Foreclose on an Inheritance that is Jointly Owned? appeared first on Austin Tax Attorney, Mitchell Tax Law.

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