Offer In Compromise
An offer in compromise is an agreement between the taxpayer and the Department of Revenue to settle a tax liability for less than the full amount owed because the taxpayer is unable to pay the full liability. Read more about offers in compromise here.
- What is an offer in compromise?
- What is the statutory basis for an offer in compromise?
- Who is eligible to make an offer?
- Can I submit an offer myself or do I need an accountant or attorney?
- How do I make an offer in compromise?
- How do I figure out the amount to offer?
- What should I do if I have special circumstances that affect my ability to pay?
- Can I offer real estate or personal property to help pay off my liability?
- Does submitting the amount computed using the application worksheet guarantee acceptance of my offer?
- How is my offer evaluated?
- Does collections activity stop while my offer is pending?
- Can I withdraw my offer once I have submitted it?
- What happens if my offer is accepted?
- What happens if my offer is not accepted?
- Why might my offer be rejected?
- Where do I send my offer?
- What if my offer in compromise is based on a legal argument instead of inability to pay?
- I have questions about the Offer in Compromise Application. Who should I contact?