Reply To: Husband passed away. $22,000 tax debt. OIC?

Home Forums Offers-in-Compromise Husband passed away. $22,000 tax debt. OIC? Reply To: Husband passed away. $22,000 tax debt. OIC?

#44521
Brian Barto
Participant

Taxpayer lives with her son and son’s girlfriend. The lease is in the taxpayer’s name. Rent is $1200/month. Son and girlfriend pay $800. How is best to list this on the 433? Use $1200 as the rental expense and list $800 as rental income?