Processing times vary, but you can expect it to take at least six months for the IRS to decide whether to accept or decline your commitment offer (OIC). The process can take much longer if you have to challenge the examiner's findings or appeal their decision. In most cases, it takes about six months for the IRS to decide whether to accept or decline your commitment offer. However, if you have to challenge or appeal your decision, the process can take much longer.
There are cases where the IRS won't even consider your offer as a compromise. Finally, the examiner will accept or reject the proposed quantity. If your commitment offer is accepted, the process will likely have taken 6 to 8 months. If your commitment offer is rejected, you can appeal the rejection to the IRS appeals office, which would likely extend the entire processing time of the commitment offer to about 14 to 24 months.
There are no established deadlines for how long it will take to complete an OIC. The OIC process can take more than a year, but the average is approximately six months. Many factors influence how long it will take for the IRS to approve or reject an OIC. A commitment offer decision can generally take 9 to 12 months.
But these are not typical times. The IRS offers installment agreements as a solution for taxpayers who cannot pay their tax debts in a lump sum. If you show the IRS that you can afford the offer without obligation, you can be on your way to being free of tax debts. This amount is called the offer amount and represents an estimate of how much the IRS will accept to settle a tax bill.
