Instantly Check Your Offer In Compromise Eligibility

Eligibility Criteria for OIC

To be eligible for an Offer in Compromise, you must meet specific requirements set by the IRS. Firstly, all tax returns must be filed, and any required estimated tax payments should be up to date. Additionally, you cannot be in an open bankruptcy proceeding. The IRS will consider your ability to pay, income, expenses, and asset equity to determine if you qualify for an OIC. It's essential to provide accurate and complete information to avoid delays or denial of your application.