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Department of the Treasury Internal Revenue Service Form 433A (OIC) (Rev. May 2012) Collection Information Statement for Wage Earners and Reemployed Individuals Use this form if you are An individual
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How to fill out bformb 433-a oic rev
How to fill out bformb 433-a oic rev:
01
Start by entering your personal information, including your name, address, social security number, and contact details.
02
Provide details about your income sources, such as wages, self-employment earnings, rental income, and any other sources of money coming in.
03
Disclose your assets, which may include bank accounts, investments, real estate, vehicles, and any personal property of significant value.
04
List your monthly expenses, including rent/mortgage payments, utilities, transportation costs, medical expenses, and any other regular expenses.
05
Declare any outstanding debts, such as credit card balances, loans, and tax liabilities.
06
Calculate your total income, expenses, and liabilities and provide the necessary information in the designated sections.
07
Fill out the section regarding your offer in compromise (OIC), which is a proposal to settle your tax debt for less than the full amount owed.
08
Review and sign the form, ensuring that all the information provided is accurate and complete.
Who needs bformb 433-a oic rev:
01
Individuals who have outstanding tax debts and are seeking to settle them through an offer in compromise.
02
Taxpayers who are unable to pay their tax liabilities in full but are willing to make a reasonable offer to the IRS to settle their debt.
03
Individuals engaged in resolving their tax debt issues and who have been directed to complete form bformb 433-a oic rev by the IRS.
Please note that it is recommended to consult with a tax professional or seek assistance from the IRS to accurately fill out the form and ensure compliance with all applicable regulations and guidelines.
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