answersLogoWhite

0


Best Answer

a taxpayer can file financial disability if they meet certain conditions (IRC §6511(h). One of those conditions requires the taxpayer be mentally or physically impaired that they are unable to manage their financial affairs. If the taxpayer meets all of the requirements, the taxpayer may file a refund after the 3 year period of limitations. Internal Revenue Code §6511(h).

The IRS cannot release any tax related information except for very limited circumstances IRC §6103. The exceptions include a taxpayer requesting such disclosure (for a mortgage, in a divorce) or a court may require info (divorce, tax court, or law inforcement). An employer or a credit agency may not request such info and get it unless they meet an exception. Unlawfull disclosure by the IRS to an unauthorized party is punishable by 5 years and $10,000 fine (IRC §6103.

it is very very unlikeyly the info will every be available to an employer. vert unlikely. But a bitter ex spouse who got the info during a divorce could give it to an employer.

User Avatar

Wiki User

12y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: If you file a financial disability with IRS based on mental capacity will it affect future job applications?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Does a life estate affect disability?

A life estate does not have an affect on someone's disability. It may certainly affect their ability to collect disability payments.


How does having a disability affect you?

That depends on what the disability is.


How does a disability affect peoples health and wellbeing?

Depending on what the disability is, is how it can affect your health. It can affect your health in many ways, google it you will get better answers than this crappy website '')


How does GAAP affect financial reporting?

How does GAAP affect financial reporting?


How does marriage affect financial aid?

marriage wont affect financial aid


How might changing one of the financial statements affect the other financial statements?

How might changing one of the financial statements affect the other financial statements?


How does being on academic suspension affect financial aid?

academic suspension how does it affect financial aid


How does bankruptcy affect disability benefits?

It will not affect your disability, although it may improve your feeling of wellness. It may affect your disability income if you are getting SSI, since you have eliminated your debts and may have more disposable income. If you are in subsidized housing, your rent may also be affected.


Does being disabled affect becoming a teacher?

Being disabled may affect becoming a teacher if the disability limits the student's ability to learn or to complete his or her education. A disability like blindness or limited mobility might not affect the student at all.


Can CCJ's affect job applications?

Not generally but they can affect you becoming a company director.


Does stock sale affect Social Security Disability Income?

possibly


Does gender effect lung capacity?

Yes, gender does affect lung capacity. Other factors that affect lung capacity include age, weight, height and level of fitness.