Because Treasury has started issuing the expanded Michigan EITC supplemental check payments for tax year 2022, it is no longer necessary to view or manually update your address. If you moved between last year and now, please be sure your new address is on your 2023 individual income tax return filing.
If my offer in compromise is accepted, what are the payment term options available to pay the compromised balance?
When submitting your application, you may choose one of the following payment term options:
- One time, lump sum payment to be paid within 30 days of the date of the acceptance letter.
- Periodic payments to be paid in equal monthly installments within 5 months beginning 30 days of the date of the acceptance letter.
- Installment plan to be paid in equal monthly installments, and must be paid w/in 6 to 24 months.
NOTE: The terms of the payment may affect the amount of the offer considered acceptable.