FTB Reminder: Using the Offer in Compromise Program
The Offer in Compromise Program allows taxpayers who do not have, and will not have in the foreseeable future, the money, assets or means to pay their tax liability in full to offer a lesser amount for complete satisfaction of a non-disputed final tax liability. The FTB’s OIC program is authorized by RTC Sec. 19443.
You may use the following publications to assist your clients in applying for an OIC:
- 4905 PIT Booklet, Offer in Compromise for Individuals.
- 4905 BCT Booklet, Offer in Compromise for Business Entities.
- DE 999CA, Multi-Agency Form for Offer in Compromise.
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