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TID#: NEVADA DEPARTMENT OF TAXATION Date: OFFER IN COMPROMISE SECTION 1 Dept. RCD Stamp YOUR CONTACT INFORMATION First Name, Middle Initial, Last Name: Contact Phone: If a Joint Offer, Spouse's First

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What is offer in compromise form?

The offer in compromise form is a document that allows taxpayers to settle their tax debt for less than the full amount owed.

Who is required to file offer in compromise form?

Individuals and businesses who are unable to pay their tax debt in full and meet certain eligibility requirements may be required to file an offer in compromise form.

How to fill out offer in compromise form?

To fill out the offer in compromise form, taxpayers need to provide their personal and financial information, details of their tax liabilities, and make a proposed offer to settle their debt.

What is the purpose of offer in compromise form?

The purpose of the offer in compromise form is to help taxpayers settle their tax debt and provide them with a fresh start by paying a reduced amount.

What information must be reported on offer in compromise form?

Taxpayers must report their personal information, financial details, tax liabilities, income, expenses, assets, and any other relevant information on the offer in compromise form.

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