Can I send cash as payment for the application fee?
No. Taxpayers must initially pay the application fee. After the IRS accepts the offer, the IRS will notify the taxpayer to promptly pay any unpaid amounts that become due under the terms of the offer agreement. Back To Top Can a tax practitioner who represents a number of clients and files multiple OICs combine several application fees into one check? No. Checks that combine application fees for several offers will not be accepted, and the offers will be returned. Each Form 656 must have a separate check attached. Back To Top What happens if I submit an application fee and find that I have insufficient funds in my account to cover the check? If we receive notification of insufficient funds, the IRS will immediately stop processing the Form 656 and the OIC will be returned to the taxpayer without any further consideration. Back To Top Will payment of the application fee reduce the OIC amount? The application fee is in addition to the amount listed on Form 656, Item 7. However, when the
