Offer in Compromise Short Form Form OIC -1S - etax dor ga 2026

1. Click ‘Get Form’ to open the Offer in Compromise Short Form OIC -1S in the editor.
2. Begin by filling out Section 1 with your taxpayer contact information, including your name, date of birth, and Social Security number. If applicable, include your spouse's details.
3. In Section 2, indicate the tax year(s) for which you are submitting the offer to compromise your individual income tax liabilities.
4. Move to Section 3 and select the reason for your offer. Ensure you attach any required documentation such as a Collection Information Statement if claiming economic hardship.
5. Complete Section 4 by confirming whether you have included the $100 application fee. If not, ensure you complete Form OIC-1A.
6. In Section 5, specify the amount you are offering to pay and choose between a lump sum or short-term deferred payment option. Provide necessary banking details for automatic deductions if applicable.
7. Fill out Section 6 detailing the source of funds for your offer and provide an explanation of circumstances in Section 7 if needed.
8. Review Sections 8 through 11 for mandatory signatures and any additional designations before submitting your completed form.

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