Settlement offer stipulations
You may be eligible for a settlement offer if you owe more tax than you can pay.
Not everyone qualifies for a settlement offer. To determine if you're eligible, ask yourself these questions:
- Do I receive Social Security income, Social Security disability, pension payments, or public assistance?
- Am I over age 60?
- Are my total assets worth less than I owe?
- Have I had a significant reduction in income?
- Is my tax debt older than seven years?
If you answered yes to two or more questions, you may be eligible. Contact us for more information or fill out a Settlement Offer.
Other qualifying conditions
- You can't appeal tax debts we're actively collecting.
- You must've filed all required Oregon tax returns for all tax years and all tax types.
- You must file and pay all taxes on time for the next three years.
- You must show that you can't sell assets or borrow against them to pay your tax debt.
- You must show that you don't have enough monthly income or assets to pay your debt in full.
- You can't be in bankruptcy or in litigation.
If your settlement offer is accepted
- You will have to pay the settlement offer amount in full within 30 days or you may ask for a 12-month payment plan.
- You will need to complete a three-year compliance period by filing and paying all taxes due for three years from the date you pay your settlement offer amount in full.
- Any tax lien on your property will be released once you pay the settlement offer amount and your three-year tax compliance period is complete.