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Last Updated: 8/22/2017

Financial Statements

We use financial statements to:

Types of Financial Statements

For businesses, use Form C58B – Business Information Statement

For individuals and personally assessed officers for business debt, use Form C58P – Personal Financial Statement

For individuals, sole proprietorships, and personally assessed officers for business debt who speak Spanish, use Form C58P Espanol – Spanish Personal Financial Statement

For Individuals and businesses requesting a compromise, use Form C58C - Individual Financial Statement for Offer in Compromise. This form is included in the Compromise Application.

Expense Allowance Guidelines

We use the same financial standards as the Internal Revenue Service (IRS) when collecting past-due debts. These standards are used as a guideline to help us determine your ability to pay the debt. See the IRS National Standards.