Form 656 Sp Rev 4 Offer in Compromise Spanish Version
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People also ask
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How much is the fee for form 656?
Each Form 656 will require the $205 application fee and initial payment unless you are an individual and meet the Low-Income Certification guidelines.
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How do I contact the IRS about an offer in compromise?
If none of the above reasons meet your situation and you need help, contact the person whose name is on the OIC rejection letter, refer to What is an Offer in Compromise? or call the IRS toll-free 800-829-1040 (TTY/TDD users may call 800-829-4059).
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How do I speak to a live person through the IRS?
Use Where's My Refund, call us at 800-829-1954 (toll-free) and use the automated system, or speak with a representative by calling 800-829-1040 (see telephone assistance for hours of operation).
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How likely is the IRS to accept an offer in compromise?
We generally approve an offer in compromise when the amount you offer represents the most we can expect to collect within a reasonable period of time. Explore all other payment options before you submit an offer in compromise. The Offer in Compromise Program is not for everyone.
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What is an appropriate offer in compromise with IRS?
We generally approve an offer in compromise when the amount you offer represents the most we can expect to collect within a reasonable period of time. Explore all other payment options before you submit an offer in compromise.
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Can I file my own offer in compromise?
This tax debt compromise program might be for you if you can't pay the taxes you owe, or if paying the full amount will create a financial hardship. There are companies that will help you apply for an OIC, but you can certainly do it yourself.
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How do I call the IRS about an offer in compromise?
If none of the above reasons meet your situation and you need help, contact the person whose name is on the OIC rejection letter, refer to What is an Offer in Compromise? or call the IRS toll-free 800-829-1040 (TTY/TDD users may call 800-829-4059).
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How long does it take for IRS to accept an offer in compromise?
Time Frame for Receiving a Decision Once the IRS has all the necessary information, they will proceed with a detailed review to decide whether to approve, deny, or return the OIC. This decision-making period can take anywhere from 6 to 12 months.
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