IRS Offer in Compromise
Pre-Qualifier
Answer a few questions to see if you may qualify for an OIC — a settlement that lets you resolve your IRS debt for less than you owe. Free, confidential, and takes about 2 minutes.
Free Tool · Jeffrey Scott, EA · Charlotte, NC
What is an Offer in Compromise? An OIC is an IRS program that allows qualifying taxpayers to settle their tax debt for less than the full amount owed. The IRS considers your ability to pay, income, expenses, and asset equity. Not everyone qualifies — this tool gives you an honest pre-assessment.
Question 1 of 7
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Question 1 of 7
Are you current with all required tax return filings?
You must have filed all required returns to be eligible for an OIC. Unfiled returns are a hard disqualifier.
Question 2 of 7
How much do you owe the IRS (approximately)?
Include all tax years, penalties, and interest. This helps estimate whether an OIC makes financial sense.
Question 3 of 7
What is your current employment and income situation?
The IRS calculates your Reasonable Collection Potential (RCP) based on your ability to pay over time.
Question 4 of 7
What is your approximate monthly household income?
Include all sources: wages, Social Security, retirement, business income, rental income, etc.
Question 5 of 7
What is the approximate value of your assets?
The IRS considers your net equity in assets (bank accounts, investments, real estate, vehicles, business assets) when calculating your offer amount.
Question 6 of 7
Are you currently in an open bankruptcy proceeding?
Active bankruptcy is a hard disqualifier for OIC — the IRS cannot process an offer while bankruptcy is pending.
Question 7 of 7
Are you able to make a lump sum payment or installment offer?
OIC offers can be paid as a lump sum (within 5 months) or in periodic payments (6–24 months). The IRS generally accepts lower amounts for lump sum offers.
This tool provides a preliminary estimate only and does not guarantee OIC eligibility or acceptance. The IRS evaluates each offer individually based on Form 656, Form 433-A/B, and supporting documentation. Results depend on many factors not captured in this tool. Contact Jeffrey Scott, EA for a full case evaluation.
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