Form Form 656
Offer in Compromise
- Purpose
- The application used to settle IRS tax debt for less than the full amount owed.
- Who files
- Individuals or businesses who cannot pay the full balance and qualify under doubt as to collectibility, doubt as to liability, or effective tax administration.
- When used
- Submitted along with Form 433-A (OIC) or 433-B (OIC), application fee, and initial payment.











