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Financial Hardship Application Forms

Financial Hardship Application Forms

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Video instructions and help with filling out and completing Financial Hardship Application Forms

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hello this is robert i'm a tax attorney we are going to discuss ftd hardship status how to get it and what form to use so what is ftd hardship status basically it's a payment plan for zero dollars now the irs is a program called currently not collectible status and if you're familiar with that it's very similar and another thing about it is if offering compromise is a good possibility for you you know you've got a good chance of offering comments then you probably should try that because hardship status doesn't actually erase the debt it still sits on the system it's just effectively a payment plan for xero but if you're not qualified for an offer and you don't make enough to really do a payment pen either then hardship steps might be your best option so how do you get hardship status with the ftb you submit a financial statement it's also known as an ftb 3561c form however if you submitted to the irs a 433

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