How to Pay

Offer in Compromise: Pay the IRS Less Than What You Owe

An offer in compromise allows you to pay less than the full amount that you owe in satisfaction of a tax debt. OICs are often marketed as settlements for “pennies on the dollar,” but there is actually a rigid set of rules that determine if you’re eligible and how much you need to pay.

Currently Not Collectible Status

If you can’t pay a tax debt because of a financial hardship, you can request currently not collectible status. Common reasons include job loss, medical conditions, or disability.