Form 433-A Collection Information Statement for Individuals is the backbone of all IRS Collection activity. The information contained on this form is necessary for any voluntary payment arrangement between a taxpayer and IRS. Voluntary payment arrangements include:

• Offers in Compromise
• Installment Agreements
• Uncollectible Status

Without this information, IRS can still seek to collect unpaid taxes from taxpayers who do not cooperate in the process; however, cooperative taxpayers will be asked to provide IRS with the information it contains.

This form is required to be submitted with every Offer in Compromise that is filed with IRS. This form provides IRS with the information it deems necessary to perform its research and due-diligence.

Click here to learn what to do on form 433a