Q:

If a taxpayer qualifies for an installment agreement, can the taxpayer still submit an Offer in Compromise?

Like
Answer
Comment
Flag
Thanks for your feedback!
A:

1 Answer

rank
1
2
Like
Comment
Flag
Taxpayers will not be considered for an offer in Compromise if a tax liability can be paid in a lump sum or through an installment agreement. There is one exception. If a taxpayer requests an Offer in Compromise under the effective tax administration program, they might be considered.  more
centsableaccounting.com

Related Videos

Add your answer...

Top Answerers

1.
vanity fair
7 Answers in the past week
2.
Robert Turner
4 Answers in the past week
3.
jacob kind
3 Answers in the past week

Top Askers

1.
Deitty smith
3 Questions in the past week
2.
Frank Bell
2 Questions in the past week
3.
Charles McAtee
2 Questions in the past week

Top Supporters

1.
Tom Wagner
9 Likes given in the past week
2.
Nancy Hayden
2 Likes given in the past week
3.
Rachel Kellen Gill
3 Likes given in the past week
...