If there is a deposit, contact the OlC unit at your Service Center Collection Branch and request that the deposit be transferred to the service center that services the district office where the offer is transferred. Generally, the taxpayer must offer an amount equal to the realizable equity in assets plus the value of future ability to pay. Some taxpayers may not be able to offer this amount due to special circumstances. Taxpayers who are unable to offer their reasonable collection potential, but believe they have a special circumstance, should complete item 9 of Form 656 or provide a statement describing their situation. Processing Offer Deposits Deposits are not required or necessary for consideration of offers.
Offers submitted with a deposit require immediate processability determinations.
Because, if the offer is processable, the remittance must be forwarded to the offer unit at the Service Center Collection Branch within 48 hours for deposit in the Special Deposit Fund 4710 account. If the offer is not processable, return the remittance to the taxpayer along with the Form 656 and other documents. In some extreme situations, a taxpayer may request emergency processing of an offer. If all necessary appraisals or other proofs of asset and liability valuation are provided timely, make every attempt to complete the offer within 90 days of the date we receive the offer. However, if it is necessary to request additional documentation or the offer cannot be completed in 90 days, advise the taxpayer that additional time is required.