Offer in Compromise Form 656 OIC Booklet
Internal Revenue Service · July 27, 2026
An IRS instructional video explains how taxpayers can use an Offer in Compromise (OIC) to settle tax debts for less than the full amount, covers online eligibility tools, required forms (Forms 433-A, 433-B, and 656), application fees and down payments, and notes ineligibility for taxpayers in bankruptcy and separate applications for each tax entity.
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