What happens to my fee if the Offer In Compromise is not considered processible?
The application fee will be returned to the taxpayer if the Offer In Compromise is determined not to be processible. The 20% lump-sum deposit and/or the periodic payment amount will not be returned, and applied to the outstanding tax liability balance, if the offer in compromise is determined not to be processible.
Related Questions
- What happens if I do not submit the Offer In Compromise application fee, or the 20% lump sum deposit amount or the periodic payment amount, with the Offer In Compromise?
- What happens to the Offer In Compromise and the application fee and 20% deposit or periodic payments, after I send it to the IRS?
- What happens if I do not submit the OFFER IN COMPROMISE application fee with the OFFER IN COMPROMISE Form 656?
