topic Re: Filing compromise in Get your taxes done using TurboTax

Filing compromise

Rgonzalez57615 — Mon, 07 Oct 2019 18:38:04 GMT

I am about to finish up filing my taxes when I was asked if I would like to file for an extension. Which I need. But I need to see if I also qualify for a compromise. Should I file a compromise first or continue with filing for an extension and also send a letter in the mail to also ask for a compromise?

Re: Filing compromise

Critter — Mon, 07 Oct 2019 18:44:50 GMT

Ok ...it is too late to file for any extensions to file the return ... if you owe you need to file ASAP even if you will not pay now. Once you have filed you can apply for a payment plan ... do NOT do so inside the program as the IRS fees are higher.

Re: Filing compromise

Anonymous — Mon, 07 Oct 2019 19:36:16 GMT

to do an OIC , you must first file the return

see this link

https://www.irs.gov/payments/offer-in-compromise