Offer In Compromise Documentation

OFFER IN COMPROMISE SUPPORTING DOCUMENTATION

Please send copies - NOT originals

Personal information

  • Last 3 months bank statements for all accounts including deposits and checks
  • Savings accounts, credit union accounts, IRAs, CDs
  • Last 3 pay stubs for taxpayer and spouse
  • Last 2 tax returns – personal and business, if applicable
  • Prior year W-2s
  • Car titles
  • Car insurance statements
  • Car loan payment stubs
  • Car license numbers
  • County of residence
  • Health insurance payments
  • Rent agreement or mortgage statement
  • Description of stocks, bonds, mutual funds, including statements
  • Description of all real estate owned
  • List all credit cards, balances, monthly payments, and credit limits
  • Interest and dividend income
  • Pension income
  • Alimony and/or child support received or paid along with copy of divorce decree
  • Estimate average monthly utilities
  • Child/dependent care paid
  • Life insurance paid
  • Other liabilities – bank loans, judgments, notes
  • State income tax liabilities

Business information for self-employed individuals and business owners

  • Last 12 months bank statements for all accounts including deposits and checks
  • Business financial statements, if possible
  • Rent agreement or mortgage statement, if applicable
  • Business income tax returns
  • Payroll tax returns for last 4 quarters