IRS Tax Resolution
Options Explained
Understand all the ways you can resolve your IRS tax debt. Compare options to find the best path for your situation.
Quick Comparison
| Option | Best For | Timeline | Success Rate |
|---|---|---|---|
| OIC | Taxpayers who cannot pay their full tax liability | 7-12 months for IRS decision, plus time for preparation and any appeals | Approximately 30-40% of OICs are accepted |
| Payment Plan | Taxpayers with steady income who can afford monthly payments | Streamlined agreements can be approved immediately online | Very high approval rate for those who qualify |
| CNC Status | Taxpayers experiencing severe financial hardship | Can be approved during a single phone call if you have documentation ready | High approval rate for those with documented financial hardship |
| Penalty Relief | First-time penalty situations (clean compliance history) | Phone requests can be resolved immediately | Very high for First-Time Abatement with clean history |
Explore Each Option
Offer in Compromise (OIC)
An Offer in Compromise allows you to settle your tax debt for less than the full amount you owe. The IRS may accept an OIC if it represents the most t...
IRS Installment Agreement
An Installment Agreement allows you to pay your tax debt over time through monthly payments. This is the most common resolution option and is availabl...
Currently Not Collectible (CNC)
Currently Not Collectible status is granted when the IRS determines that you cannot afford to pay your tax debt without causing financial hardship. Wh...
IRS Penalty Abatement
Penalty abatement allows you to have IRS penalties removed or reduced. This can significantly reduce your total tax debt since penalties can add 25% o...
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