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I have an open business that is a partnership. Do all partners have to submit an OIC application with personal financial information?

April 26, 2017application Business financial OIC partners partnership submit

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I have an open business that is a partnership. Do all partners have to submit an OIC application with personal financial information?

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Yes. For open businesses, all partners must submit an OIC application and make full disclosure of their business and personal financial information in order to be considered for an OIC.