Glossary

Form 433-A – Collection Information Statement for Wage Earners and Self-Employed Individuals (highlighted under collection strategies)

What is IRS Form 433-A and How Does It Help With Tax Debt?

Form 433-A, officially titled “Collection Information Statement for Wage Earners and Self-Employed Individuals,” is an IRS document that asks for a thorough breakdown of your personal and business finances. This information allows the IRS to assess your ability to pay outstanding taxes and explore potential resolution options like installment agreements or an offer in compromise.

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