OFFER IN COMPROMISE

Here is the latest form to use for your offer in compromise application. If you have a debt with IRS for back taxes, you may provide the IRS an offer to settle your tax debt for less than the full amount you owe.
it is not guaranteed that your offer will be accepted, submitting an application will begins a process of evaluation and verification by the IRS, taking into consideration any special circumstances that might affect your ability to pay.
The attached booklet will explain more in detail what steps to take if you feel you may qualify for an offer in compromise.