The Law Offices of Eric J. Wexler, CPA
The Law Offices of Eric J. Wexler, CPA

Appeal a Rejected Offer-in-Compromise (OIC)

An offer in compromise allows you to settle your tax debt for less than the full amount you owe. It may be a legitimate option if you can't pay your full tax liability, or doing so creates a financial hardship.  IRS will consider the following:

  • Your ability to pay.
  • Income.
  • Expenses.
  • Assets/Equity.

The following is an excerpt from the IRS site publication on its Offer in Compromise program:

 

My OIC was rejected. Should I request an appeal?

 

This online self-help tool is designed to assist you in deciding whether to request an appeal for a rejected OIC.


Before you begin...
This tool is for you if the following statements apply:

  • You received a 30-day letter rejecting an OIC,
  • You are a W-2 wage earner,
  • You do not own rental property, and 
  • You are not self-employed.

 

If this tool does not fit your needs, consult the requesting an OIC appeal overview, to learn more about Form 433-A, Collection Information Statement for Wage Earners and Self-Employed Individuals, the IET and AET worksheets, required attachments and financial standards.


Refer to Preparing a Request for Appeal if you only need information on how to submit a request for an appeal.

 

 

Page Last Reviewed or Updated: 4-Dec-2015

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The Law Offices of Eric J. Wexler

200-A Monroe Street

Suite 110

Rockville, MD 20850

Phone: (301) 296-4465

Fax: (301) 576-3767

Email: info@ericwexlercpa.com

 

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