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NY Form 656-B: What You Should Know
This web-based application guides you through the process by asking you to answer a series of four questions about your income, employment, tax and business plans, before providing you with an offer with the IRS. Taxpayers can also use IRS tax forms to find out if their business is eligible to file Form 656. Form 656 — Offer by Form 656 If you have questions about whether you qualify for an offer, read through the Offer in Compromise Instructions. If you have already filed your income tax return for 2025 and would like to know if you qualify for an offer in compromise, view Form 656-B (PDF). Read more about an offer in compromise in the book, “OIC: A Business That Works!” Find more information about the offer in compromise on U.S.
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