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Form 656-B for Maryland: What You Should Know
If an annual income is not listed, the taxpayer will need to obtain the information from his or her personal tax return. You should be aware that the IRS may require that you fill out a special form with specific details concerning your tax return, such as the tax year. If the form 656 for a limited liability company is being accepted by the Maryland State OIC, then the form 656 must be filed by one of the following methods: 1. OIC must be used to accept an offer in compromise based on certain criteria or 2. If OIC accepts your offer of compromise, it will automatically accept all offers from limited liability companies (LCS), MARYLAND'S OFFER-IN-COMPROMISE PROGRAM — Maryland Incompetent/Illegal Taxpayer The second section is entitled, “I am a non-incumbent or incompetent taxpayer.” This section provides an opportunity for a non-incumbent or incompetent taxpayer who is filing a federal tax return to: submit information pertaining to his or This page does not appear to be for the 2025 tax year. But if this is your first time in filling out this form, you will have to know the following requirements: 1-Form 656 Booklet — OIC cannot accept an offer if the taxpayer's personal income and total taxable MARYLAND'S OFFER-IN-COMPROMISE PROGRAM — Taxpayer Obligations As explained in the previous section, Form 656 provides an opportunity to submit information pertaining to the federal taxpayer's obligations on his or her federal tax return. Maryland's Offering In Compromise program provides an opportunity to file an Offering In Compromise (OIC) for any person who is not an incorporated business entity or a sole proprietor. If you are not an incorporated business entity or are not a sole proprietor, please fill out section 657 of this form. The requirements for filing this form will vary depending on the state where you received the Offer in Compromise. In other words, the requirements may not be the same if you received the OIC in your state of California.
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