Offer In Compromise Form (Updated)–IRS

 Do You Have the Most Recent Offer-In-Compromise Form?


When submitting an Offer in Compromise for your client, use the January 2014 versions of Form 656-B, Offer in Compromise Booklet, and Form 656, Offer in Compromise. The OIC user fee has increased from $150 to $186 in January. IRS will return applications submitted on older versions of the form with the old user fee.

 

Click here for updated Offer in Compromise Booklet.

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Offer in Compromise Pre-Qualifier–IRS

http://irs.treasury.gov/oic_pre_qualifier/

The IRS Offer in Compromise (OIC) Pre-Qualifier tool can help you determine a client’s OIC eligibility and calculate a preliminary offer amount.

To access the Pre-Qualifier. Here is the correct link.

Use this tool to see if you may be eligible for an offer in compromise. Enter your financial and tax filing status to calculate a preliminary offer amount. IRS makes its final decision based on your completed OIC application and associated IRS investigation. This tool should only be used as a guide. Although it may show you can full pay your liability, you may still file an offer in compromise and discuss your individual financial situation with the IRS.

 

If you reside in a U.S. Territory, foreign country, or are military personnel using an APO or FPO address the OIC Pre-Qualifier is not applicable for your situation. Please proceed to the application in the Offer in Compromise Booklet.

 

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