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Form 656 for Austin Texas: What You Should Know
To The IRS will use your Offer in Compromise (OIC) to establish the amount of income tax you are eligible to defer, which can mean as much as 10 years. The IRS will then contact you to set up a date and time for an installment payment. You will have the chance to pay the entire tax debt at the same time and have the IRS send you a separate Notice to Pay the remainder of the debt using tax-deferred form 6166, or Make payment online and save time.
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How to complete a Form 656 for Austin Texas?
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