0426 Form 433-B (OIC) (PDF)

Official source: IRS Forms, Instructions & Publications (https://www.irs.gov/pub/irs-pdf/f433boi.pdf), retrieved 2026-10-03. U.S. Government work (17 U.S.C. § 105).

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(April 2026)

Complete this form if your business is a

• Corporation

• Partnership

Department of the Treasury — Internal Revenue Service

• Limited Liability Company (LLC) classified as a corporation

  • Other LLC

Note: If your business is a sole proprietorship do not use this form. Instead, complete Form 433-A (OIC) Collection Information Statement for Wage Earners and Self-Employed Individuals. This form should only be used with the Form 656, Offer in Compromise.

Include attachments if additional space is needed to respond completely to any question.

Provide information about all partners, officers, LLC members, major shareholders (domestic and foreign), etc., associated with the business. Include attachments if additional space is needed.

Last name First name Title

Percent of ownership and annual salary Social Security Number Home address (street, city, state, ZIP code)

Primary phone Secondary phone

Last name First name Title

Percent of ownership and annual salary Social Security Number Home address (street, city, state, ZIP code)

Primary phone Secondary phone

Last name First name Title

Percent of ownership and annual salary Social Security Number Home address (street, city, state, ZIP code)

Primary phone Secondary phone

Catalog Number 55897B www.irs.gov Form 433-B (OIC) (Rev. 4-2026)

Page 2 Section 2 Business Asset Information (Domestic and Foreign)

Gather the most current statement from banks, lenders on loans, mortgages (including second mortgages), monthly payments, loan balances, and accountant's depreciation schedules, if applicable. Also, include make/model/year/mileage of vehicles and current value of business assets. To estimate the current value, you may consult resources like Kelley Blue Book (www.kbb.com), NADA (www.nada.com), local real estate postings of properties similar to yours, and any other websites or publications that show what the business assets would be worth if you were to sell them. Asset value is subject to adjustment by IRS. Enter the total amount available for each of the following (if additional space is needed, please include attachments) .

Round to the nearest dollar. Do not enter a negative number. If any line item is a negative number, enter "0".

Cash and investments (domestic and foreign)

Catalog Number 55897B www.irs.gov Form 433-B (OIC) (Rev. 4-2026)

Page 3 Section 2 (Continued) Business Asset Information (Domestic and Foreign)

If the business owns more properties, vehicles, or equipment than shown in this form, please list on a separate attachment.

Real estate (buildings, lots, commercial property, etc.)

Is your real property currently for sale or do you anticipate selling your real property to fund the offer amount

Catalog Number 55897B www.irs.gov Form 433-B (OIC) (Rev. 4-2026)

Page 4 Section 2 (Continued) Business Asset Information (Domestic and Foreign)

Other business equipment

[If you have more than one piece of equipment, please list on a separate attachment and put the total of all equipment in box (5b)]

Enter the average gross monthly income of your business. To determine your gross monthly income use the most recent 6-12 months documentation of commissions, invoices, gross receipts from sales/services, etc.; most recent 6-12 months earnings statements, etc., from every other source of income (such as rental income, interest and dividends, or subsidies); or you may use the most recent 6-12 months Profit and Loss (P&L) to provide the information of income and expenses. Note: If you provide a current profit and loss statement for the information below, enter the total gross monthly income in Box B below. Do not complete lines (6) - (10).

Period provided beginning through

Enter the average gross monthly expenses for your business using your most recent 6-12 months statements, bills, receipts, or other documents showing monthly recurring expenses. Deductions for non-cash expenses (e.g., depreciation, depletion, etc.) are not permitted as an expense for offer purposes .

Catalog Number 55897B www.irs.gov Form 433-B (OIC) (Rev. 4-2026)

Page 5 Section 5 Calculate Your Minimum Offer Amount

The next steps calculate your minimum offer amount. The amount of time you take to pay your offer in full will affect your minimum offer amount. Paying over a shorter period of time will result in a smaller minimum offer amount.

Note: The multipliers below (12 and 24) and the calculated offer amount do not apply if IRS determines you have the ability to pay your tax debt in full within the legal period to collect.

Round to the nearest whole dollar.

If you will pay your offer in 5 or fewer payments within 5 months or less, multiply "Remaining Monthly Income" (Box D) by 12 to get "Future Remaining Income." Do not enter a number less than zero.

Enter the total from Box D

$ X 12 =

Box E Future Remaining Income

$

If you will pay your offer in 6 to 24 months, multiply "Remaining Monthly Income" (Box D) by 24 to get "Future Remaining Income". Do not enter a number less than zero.

Enter the total from Box D

$ X 24 =

Box F Future Remaining Income

$

Determine your minimum offer amount by adding the total available assets from Box A to the amount in either Box E or Box F. Your offer amount must be more than zero.

Enter the amount from Box A*

$ +

Enter the amount from either Box E or Box F

$ =

Offer Amount Your offer must be more than zero ($0). Do not leave blank. Use whole dollars only. Place your offer amount on Form 656 Section 4, Payment Terms.

$

*You may exclude any equity in income producing assets (except real estate) shown in Section 2 of this form.

Section 6 Other Information

Additional information IRS needs to consider settlement of your tax debt. If this business is currently in a bankruptcy proceeding, the business is not eligible to apply for an offer.

Is the business currently in bankruptcy

Yes No

Has the business filed bankruptcy in the past 10 years

Yes No

If yes, provide

Date filed (mm/dd/yyyy) Date dismissed or discharged (mm/dd/yyyy)

Petition no. Location filed

Does this business have other business affiliations (e.g., subsidiary or parent companies)

Yes No

If yes, list the name and Employer Identification Number

Do any related parties (e.g., partners, officers, employees) owe money to the business

Yes No

Is the business currently, or in the past, party to litigation

Yes No

If yes, answer the following

Are you or have you been party to litigation involving the IRS/United States (including any tax litigation)

Yes No

If yes and the litigation included tax debt, provide the types of tax and periods involved.

Catalog Number 55897B www.irs.gov Form 433-B (OIC) (Rev. 4-2026)

Page 6

Section 6 (Continued) Other Information

In the past 10 years, has the business transferred any asset with a fair market value of more than $10,000, including real property, for less than its full value

Yes No

If yes, provide date, value, and type of asset transferred

In the past 3 years have you transferred any real property (land, house, etc.)

Yes No

If yes, list the type of property, value, and date of the transfer

Has the business been located outside the U.S. for 6 months or longer in the past 10 years

Yes No

Do you have any assets or own any real property outside the U.S.

Yes No

If yes, please provide description, location, and value

Does the business have any funds being held in trust by a third party

Yes No If yes, how much $ Where

Does the business have any lines of credit

Yes No

If yes, credit limit $ Amount owed $

What property secures the line of credit

Section 7 Signatures

Under penalties of perjury, I declare that I have examined this offer, including accompanying documents, and to the best of my knowledge it is true, correct, and complete.

A current Profit and Loss statement covering at least the most recent 6–12 month period, if appropriate.

Copies of the six most recent complete bank statements for each business account and copies of the three most recent statements for each investment account.

If an asset is used as collateral on a loan, include copies of the most recent statement from lender(s) on loans, monthly payments, loan payoffs, and balances.

Copies of the most recent statement of outstanding accounts and notes receivable.

Copies of all documents and records showing currently held digital assets.

Copies of the most recent statements from lenders on loans, mortgages (including second mortgages), monthly payments, loan payoffs, and balances.

Copies of relevant supporting documentation of special circumstances described in the Section 3 on Form 656, if applicable.

Attach a Form 2848, Power of Attorney and Declaration of Representative, if you would like your attorney, CPA, or enrolled agent to represent you and you do not have a current form on file with the IRS. Ensure all years and forms involved in your offer are listed on Form 2848 and include the current tax year.

Completed and current signed Form 656.

Privacy Act Statement

We ask for the information on this form to carry out the internal revenue laws of the United States. Our authority to request this information is section § 7801 of the Internal Revenue Code. Our purpose for requesting the information is to determine if it is in the best interests of the IRS to accept an offer. You are not required to make an offer; however, if you choose to do so, you must provide all of the taxpayer information requested. Failure to provide all of the information may prevent us from processing your request. If you are a paid preparer and you prepared the Form 656 for the taxpayer submitting an offer, we request that you complete and sign Section 9 on Form 656, and provide identifying information. Providing this information is voluntary. This information will be used to administer and enforce the internal revenue laws of the United States and may be used to regulate practice before the Internal Revenue Service for those persons subject to Treasury Department Circular No. 230, Regulations Governing the Practice of Attorneys, Certified Public Accountants, Enrolled Agents, Enrolled Actuaries, and Appraisers before the Internal Revenue Service. Information on this form may be disclosed to the Department of Justice for civil and criminal litigation. We may also disclose this information to cities, states and the District of Columbia for use in administering their tax laws and to combat terrorism. Providing false or fraudulent information on this form may subject you to criminal prosecution and penalties.

Catalog Number 55897B www.irs.gov Form 433-B (OIC) (Rev. 4-2026)