IRS Offer in Compromise Explained: How to Calculate Your Tax Debt Settlement

Описание: The IRS Offer in Compromise (OIC) program can wipe out a huge chunk of your tax debt, but only if the math works in your favor. Here’s how the IRS calculates it:

👉 Step 1: Income minus expenses = disposable income
👉 Step 2: Multiply disposable income by 12
👉 Step 3: Add that number to your net assets

Example: $100 disposable income × 12 = $1,200 + $5,000 in assets = $6,200.
If you owe $50,000, your offer could be $6,200—and the IRS may forgive the rest.

But, if your calculation equals your total debt, an OIC doesn’t make sense and you should look at other relief options.

Pro tip: Even if your calculation comes out to $0, you still need to offer something.

I’ve got a free calculator on my website at https://www.sempertax.com/irs-offer-i... so you can check if an OIC makes sense for you before applying.

🎥 In my next video, I’ll walk you step-by-step through making the actual offer to the IRS.

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