OIC Offer Compromise Collection Potential Calculator
Offer-in-compromise conditional realizable assetPLUSfuture-income collection potential, caller independently establishes equity exclusions/expense allowances/method horizon; no offer acceptance. Caller independently establishes matching units, evidence, method edition and applicability; output is not compliance, diagnosis, work-safety approval, geological identity or validated hazard prediction.
Description
A collection-potential scenario combines independently net realizable assets with a specified future disposable-income horizon.
A collection-potential scenario combines independently net realizable assets with a specified future disposable-income horizon.1
The result is an arithmetic estimate under supplied allowances, not an offer-acceptance decision.
When to use OIC Offer Compromise Collection Potential Calculator
Use this tool when you need to reproduce the stated calculation from measured records or independently selected model inputs. Establish jurisdiction, tax year, applicable authority, and eligible amounts or evidence before entering values. Minor-unit amounts use one currency; 12345 means 123.45 when that currency has 100 minor units per major unit. One basis point is 0.01 percentage points.
How to use OIC Offer Compromise Collection Potential Calculator and understand its results
- Establish jurisdiction, tax year, applicable authority, and eligible amounts or evidence before entering values. Minor-unit amounts use one currency; 12345 means 123.45 when that currency has 100 minor units per major unit. One basis point is 0.01 percentage points.
- Enter independentlyNetRealizableAssetValuesMinor, observedMonthlyDisposableIncomeMinor, callerFutureIncomeMonths, following the field table and rules below, then run the tool.
- Read conditionalCollectionPotentialMinor. Use the output meanings below to interpret units, signs, flags, and any nested result fields.
- Correct reported input issues and run again. For a successful result, check the stated evidence coverage and assumptions before using it in your review.
| Input field | Meaning | Value type | Requirement |
|---|---|---|---|
| independentlyNetRealizableAssetValuesMinor | Independently net realizable asset values minor | list of number | Required |
| observedMonthlyDisposableIncomeMinor | Observed monthly disposable income minor | number | Required |
| callerFutureIncomeMonths | Caller future income months | number | Required |
Enter a list of nonnegative safe-integer asset values (an empty asset list sums to zero) and monthly disposable income in minor units plus an integer future horizon from zero to 1200 months. Multiply income by months with checked integer arithmetic and add the asset sum.
potential=ΣnetAssets+monthlyDisposableIncome×months Symbols follow the input and output meanings and the calculation rules above.
| Output field | Meaning | Value type |
|---|---|---|
| conditionalCollectionPotentialMinor | Conditional collection potential minor | number |
{
"input": {
"independentlyNetRealizableAssetValuesMinor": [
30,
40
],
"observedMonthlyDisposableIncomeMinor": 10,
"callerFutureIncomeMonths": 12
},
"output": {
"conditionalCollectionPotentialMinor": 190
}
}Limitations and assumptions
Eligibility, rates, dates, definitions, and exceptions are independently supplied facts. The arithmetic is not a complete return calculation or a determination of tax liability.
Missing required fields, unknown fields, wrong types, and violated calculation rules are input issues. Numeric values must be finite; nonfinite results are rejected. Evidence arrays must be dense, with no missing cells. Numeric observation lists allow at most 10,000 entries, subject to any smaller bounds stated above. Monetary products and sums use checked integer arithmetic; fractional minor amounts are rounded to nearest, with half ties away from zero. Rates and amounts must satisfy the tool-specific bounds above.
Alternative or Complementary methods
For a related review, use Installment Agreement Setup Fee Tier Lookup: Installment-agreement setup fees depend on payment method, income qualifications, and applicable rules. This lookup returns a verified notice without enrolling the user in an agreement. For a complementary step, use First Time Penalty Abatement FTA Eligibility Checker: First-time penalty abatement requires evidence about filing, payment, and history under an applicable rule. This checker preserves unknown criteria instead of guaranteeing approval.
References
Similar or alternative tools
- Installment Agreement Setup Fee Tier Lookup
Installment-agreement setup fees depend on payment method, income qualifications, and applicable rules. This lookup returns a verified notice without enrolling the user in an agreement.
- First Time Penalty Abatement FTA Eligibility Checker
First-time penalty abatement requires evidence about filing, payment, and history under an applicable rule. This checker preserves unknown criteria instead of guaranteeing approval.