Form DTF-4.1 Offer in Compromise for Fixed and Final Liabilities - New York

What Is Form DTF-4.1?

This is a legal form that was released by the New York State Department of Taxation and Finance - a government authority operating within New York. As of today, no separate filing guidelines for the form are provided by the issuing department.

FAQ

Q: What is Form DTF-4.1?
A: Form DTF-4.1 is the Offer in Compromise for Fixed and Final Liabilities specifically for residents of New York.

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

Q: Who can use Form DTF-4.1?
A: Form DTF-4.1 is specifically for residents of New York who have fixed and final tax liabilities.

Q: What are fixed and final tax liabilities?
A: Fixed and final tax liabilities are tax debts that have been determined as accurate and cannot be further disputed.

Q: How do I submit Form DTF-4.1?
A: Form DTF-4.1 can be submitted by mail to the New York State Department of Taxation and Finance.

Q: What happens after I submit Form DTF-4.1?
A: After submitting Form DTF-4.1, the New York State Department of Taxation and Finance will review your offer and determine if they will accept it.

Q: What should I include with Form DTF-4.1?
A: You should include all necessary documentation and supporting evidence of your financial situation with Form DTF-4.1.

Q: Can I negotiate the amount I owe using Form DTF-4.1?
A: Yes, the purpose of Form DTF-4.1 is to negotiate a settlement amount that is less than the full tax debt owed.

Q: What if my offer is not accepted?
A: If your offer is not accepted, you may still have options to resolve your tax liabilities, such as setting up a payment plan with the New York State Department of Taxation and Finance.

Q: Is there a fee to submit Form DTF-4.1?
A: Yes, there is a non-refundable $186 fee to submit Form DTF-4.1.