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Offer in Compromise Questions
Offer Determinations
409
What happens if I do not file my tax return or pay my taxes next
year?
The OIC will be defaulted. An OIC requires future compliance for a
period of five (5) years from the date of acceptance of the OIC, or
until the offered amount is paid in full, whichever is longer.
Compliance is the timely filing and paying of all required returns
and taxes.
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