Agreed Final Decree of Divorce - Texas

In re Doe –Final Decree of Divorce Page 7
11. INCOME TAXES
Liability
IT IS ORDERED AND DECREED that JOHN DOE shall be solely responsible for all
federal income tax liabilities of the parties from the date of marriage through the date of divorce,
and that JOHN DOE shall timely pay 100% of any deficiencies, assessments, penalties, or
interest due thereon and shall indemnify and hold the other party and her property harmless from
all such liabilities unless such additional tax, penalty, and/or interest resulted from a party's
omission of taxable income or claim of erroneous deductions. The parties agree that nothing
contained herein shall be construed as or is intended as a waiver of any rights that a party has
under the "Innocent Spouse" provisions of the Internal Revenue Code.
Tax Refund
IT IS ORDERED AND DECREED that if a refund is made for overpayment of taxes for
any year during the parties' marriage through the date of divorce, JOHN DOE shall be entitled to
the entire refund of his own return, and JANE DOE is entitled to the entire refund of her own
return.
Individual Tax Returns for 2011
IT IS ORDERED AND DECREED that, for the calendar year 2011, each party shall file
an individual income tax return in accordance with the Internal Revenue Code.
Indemnification
IT IS ORDERED AND DECREED that, for the calendar year 2011, each party shall
timely pay and indemnify and hold the other party and his or her property harmless from any
federal income tax liability associated with the reporting party’s individual tax return for that
year.
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