Can a College Student Qualify For an Offer in Compromise on $71,000?

29/12/2023 5 min
Can a College Student Qualify For an Offer in Compromise on $71,000?

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Episode Synopsis

If you owe back tax debt, book a FREE tax relief consultation here: https://calendly.com/choice-tax-relie...Many college students — especially those that attend later in life — who have racked up significant tax debt before going to school think that they will be a great candidate for an offer in compromise since they don't make a lot of money while going to school. While this may be the case, those in this situation could be aware of a trap the IRS may set for them in the form of a future income collateral agreement. Learn more in this episode!

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