Form CDTFA-490-C Offer in Compromise Application - California

What Is Form CDTFA-490-C?

This is a legal form that was released by the California Department of Tax and Fee Administration - a government authority operating within California. As of today, no separate filing guidelines for the form are provided by the issuing department.

FAQ

Q: What is Form CDTFA-490-C?
A: Form CDTFA-490-C is the Offer in Compromise Application used in California.

Q: What is an Offer in Compromise?
A: An Offer in Compromise is a program that allows taxpayers to settle their tax liabilities for less than the full amount owed.

Q: Who can use Form CDTFA-490-C?
A: Form CDTFA-490-C is used by taxpayers in California who want to apply for an Offer in Compromise.

Q: What information is required on Form CDTFA-490-C?
A: Form CDTFA-490-C requires information about the taxpayer's financial situation, including income, expenses, assets, and liabilities.

Q: Are there any fees associated with submitting Form CDTFA-490-C?
A: Yes, there is a non-refundable $25 application fee for submitting Form CDTFA-490-C.

Q: What is the deadline for submitting Form CDTFA-490-C?
A: There is no specific deadline for submitting Form CDTFA-490-C, but it is recommended to submit it as soon as possible.

Q: What happens after submitting Form CDTFA-490-C?
A: After submitting Form CDTFA-490-C, the CDTFA will review the application and may request additional documentation or information.

Q: Can I appeal if my Offer in Compromise is rejected?
A: Yes, taxpayers have the right to appeal if their Offer in Compromise is rejected by the CDTFA.