Free help from licensed tax pros. Not the IRS.Licensed tax pros in all 50 statesEspañol

Can I do an offer in compromise myself?

Updated October 8, 20262 sourcesTaxTruce teamFact checked
The short answer

Yes. You can apply in your Online Account or with the Form 656-B booklet. The IRS suggests a licensed enrolled agent or a reputable accountant if you want help. Watch for "OIC mills" that promise too much and charge high fees.

Words to know

Enrolled agent
A tax pro licensed by the IRS who can represent you on any IRS matter.
Form 656
The form to apply for an offer in compromise. It comes in the Form 656-B booklet.

Run the numbers with our free tax tools, like the penalty and payment plan math.

See your options

A few questions. A tax pro calls you back.

Free tools: penalty calculator, 10 year clock, IRS offer data

Free to use. Not the IRS or any government agency. Results depend on your situation. Not every case qualifies.