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Settle IRS debt on your own
Video Transcript
Can you settle IRS debt on your own? Absolutely, if you know what you're doing. Here's a simple step-by-step guide. Step one, assess your debt. Start by requesting your tax transcripts from the IRS. This shows your total debt, penalties, and interest. Step two, explore options like installment agreements for monthly payments or Offer in Compromise to reduce debt or currently non-collectible status if you can't pay anything right now. Step three, submit forms. Use IRS forms 9465 for installment agreement or Form 656 for Offer in Compromise. Be thorough to avoid rejection. When you need to call an expert, contact Victory Tax Lawyers. If your balance is over $10,000, we can surely ensure success.
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Attorney-Reviewed Content
This content was written and reviewed by the licensed tax attorneys at Victory Tax Lawyers, LLP. Our attorneys specialize in IRS tax relief and are licensed members of the California State Bar with a nationwide practice.
Last Reviewed: 2026 · Meet Our Attorneys →