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Printable Form 656 Oxnard California: What You Should Know

If you do not have a valid claim for an offer in compromise you may qualify and complete the procedure for the Individual Income Tax, in Chapter 13. However, if you owe a small percentage of the tax debt, you must apply for an offer in compromise before filing your return.  Form 656-L, Offer in Compromise — Doubt as to Liability. Failing to apply for an offer in compromise may result in denial of a refund. If you apply for an offer in compromise and receive a notice of assessment or other information indicating that you are still liable for an amount owing, you should consult an experienced tax professional to develop an effective method of payment that will avoid or minimize tax liability resulting from not applying for an offer in compromise. F656-L (Rev. the Low Income Certification in Section 2 of Form 656, Offer in Compromise, no payments are required; however, (Print or Type). F676.

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