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Offer in Compromise

When reviewing applications, the IRS considers the taxpayer's unique set of facts and special circumstances affecting their ability to pay including their:


Income.

Expenses.

Asset equity.

The Offer in Compromise Booklet has detailed information

The booklet covers everything a taxpayer needs to know about submitting an Offer in Compromise including:


Eligibility.

Costs to apply.

Application process.

Forms.

The booklet is also available in Spanish. Taxpayers should download and use the latest version of the OIC booklet to avoid processing delays.


The booklet covers everything: https://shorturl.at/orvI9




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