Georgia Offer in Compromise

Offers in Compromise Business & Personal Taxes - Forms

Please be advised of the following policy changes to the Offer in Compromise Program effective July 1, 2005:

Notice: $100 Processing Fee Required as of July 1, 2005

Any payment submitted with an offer will be applied as a partial payment to the tax debt. The payment will not be refunded if the offer is declined or withdrawn.
Payment of an accepted offer must be made within 30 days of notification of acceptance.
Statutory collection activity will not be suspended while an offer is pending.
Taxpayers are restricted to one offer application only in a 10 year period.
Taxpayers must remain in compliance for filing and paying any required state tax return for ten years following offer acceptance.
Only applications with a revision date of 7/05 or later will be accepted after 9/1/2005.
Notice: $100 Processing Fee Required as of July 1, 2005

Effective July 1, 2005, a processing fee of $100 must accompany all Offer in Compromise applications submitted on Form OIC-1. The application fee does not apply to individuals whose income falls at or below levels based on poverty guidelines established by the U.S. Department of Health and Human Services (HHS) under authority of section 673(2) of the Omnibus Reconciliation Act of 1981 (95 Stat. 357, 511). The exception for taxpayers with incomes below these levels only applies to individuals; it does not apply to other entities such as corporations, proprietorships or partnerships.

Your offer must include the $100 application fee or a completed Form OIC-11 (Income Certification of Offer in Compromise Application Fee), if you are requesting an exception of the fee because of your income. Offers received without the $100 fee or a completed OIC-11 will not be accepted for processing. Any payment over and above the $100 fee made with the offer will be applied as a partial payment to the applicant’s tax liability regardless of the disposition of the offer. The application fee is nonrefundable and will be credited to the tax debt only if the offer is accepted. The application fee will not be credited to the tax debt if the offer is declined.