I owe around $35K tax for the year 2021.
Most of it due to short term capital gains and $1500 from W2 tax due.
I make around $7K a month, but have some debt and short term capital losses in 2022.
Is there way I can apply for Offer In Compromise for the tax amount I owe?
What is the eligibility for that.
I tried the Offer In Compromise Pre-Qualifier, but I see below message based the number I entered.
https://irs.treasury.gov/oic_pre_qualifier/faces/OIC_Screen13_ExpenseNotQualified.jsp
