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Form 656-B for Chico California: What You Should Know

You enter your details and select the offer amount from the menu bar. This tool will then calculate your offer amount. IRS Offer in Compromise Pre-Qualified Tool The Offer in Compromise Pre-Qualified tool is only available to individuals who meet the eligibility requirements of Form 656. If you are not eligible, you can still use the tool to check your eligibility. You can also use the calculator to determine any tax due that is a result of an offer in compromise. IRS Tax-Deduction Calculator Answers to the questions for calculating your Tax-Deduction Calculation of Total Tax Due If you are the only taxpayer and the offer in compromise is made in exchange for cash payment, you will be entitled to 50% of the cash payment.

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