Get Irs 433-a (oic) (sp) 2022-2025

Filling out the IRS 433-A (OIC) (SP) is an essential step for individuals seeking to propose an offer in compromise to the IRS. This guide provides clear, step-by-step instructions on how to complete this form online, ensuring you have all the necessary information to support your proposal.

Follow the steps to efficiently complete the IRS 433-A (OIC) (SP)

1. Press the ‘Get Form’ button to obtain the form and open it in the editor.
2. Begin with Section 1, where you will provide your personal and household information. Make sure to fill in your last name, first name, social security number, date of birth, marital status, and physical address accurately.
3. In Section 1, continue by providing your spouse's details if applicable, including their last name, first name, social security number, and date of birth.
4. Proceed to complete Section 2, which focuses on employment information. Here, you should list your employer's name, payment frequency, and other relevant employment details.
5. Move on to Section 3, where you will detail your personal assets. This includes bank accounts, investments, real estate, vehicles, and other valuable items. Ensure you provide accurate valuations and account information.
6. If applicable, complete Section 4 regarding self-employment information. Include business names, operational details, and financial standings of your business.
7. In Section 5, list your business assets, ensuring you cover each category as designated. If necessary, attach additional documentation to support your claims.
8. Continue to Section 6 for income and expense information related to your business operations. Fill in the relevant income and expense categories to provide a clear financial picture.
9. In Section 7, document your household's monthly income and expenses. Be thorough with all sources, including any support provided by others in your household.
10. Proceed to Section 8 to calculate the minimum offer amount. Follow the directions carefully to ensure accurate calculations.
11. Complete Section 9 by providing any additional information the IRS requires for consideration of your offer.
12. Finally, make sure to sign and date Section 10. Attach all necessary supporting documents and review your form for completeness.
13. Once finished, you can save your changes, download a copy of the completed form, print it for your records, or share it as needed.

Complete your IRS 433-A (OIC) (SP) form online today for a smoother submission process.