What kind of documents do I have to submit to the IRS when I submit an Offer In Compromise?

The Offer In Compromise program is a voluntary program that is offered to taxpayers who are delinquent in their taxes.  Not everyone qualifies, but if you think you do and want to make an Offer you must disclose some private information to the IRS.  For the Offer based on doubt as to collectability, you must submit the official OIC form completely filled out and signed, a completed Financial Information Statement and financial documents to verify the information on the financial form.  Examples are bank statements, retirement account statements, deeds, mortgage payment notices, utility bills, doctor bills, etc. You generally have to submit three months’ worth of these documents.  If you are not willing to collect and submit these documents to the IRS, you cannot submit an Offer.  Also, please note that if you have not filed all of your tax returns the IRS will not consider your Offer but will return it.   You cannot file an Offer while you are in bankruptcy proceedings.  Finally, the IRS requires a filing fee of $186.00 with each Offer submitted and the taxpayer must also send partial payment of the Offer with his submission.