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Tax Fresh Start Calculator

Calculate eligibility for IRS Fresh Start Initiative programs: Streamlined IA, lien withdrawal, and OIC options.

Taxpayer Status

Fresh Start Assessment

Tax Debt:$ 25000
Disposable Income:$ 500/mo
Fresh Start Score:100/100
Compliant:Yes
Lien Status:Under Threshold
Excellent eligibility - multiple Fresh Start options

Fresh Start Programs

ProgramEligibilityBenefit
Fresh Start Lien WithdrawalEligibleLien withdrawn from public record after IA acceptance
Fresh Start Streamlined IAEligibleIA up to 72 months, no detailed financials required
Fresh Start Offer in CompromiseNot EligibleStandard OIC process if eligible
In-Business Trust Fund Express IANot EligibleBusiness with trust fund debt ≤$25,000

Payment Options

TypeMonthlyDurationLien Status
Streamlined IA (72 months)$34872 monthsWithdrawn after acceptance
Short-term IA (120 days)$125004 monthsLien may be filed
Regular IA (based on income)$50050 monthsLien likely filed

Fresh Start Benefits

BenefitApplicableDetails
Lien Threshold IncreaseYesIRS generally does NOT file lien for debts under $25,000 under Fresh Start
Streamlined IA ProcessYesNo detailed financial statement required for IA
Lien Withdrawal on IAYesLien withdrawn after IA acceptance, not just released
Direct Debit PaymentYesAutomatic payments from bank account, reduces default risk
OIC FlexibilityNoOIC not currently available

Compliance Checklist

ItemRequiredStatus
All returns filedYesComplete
Current year estimated paymentsYesRequired for IA acceptance
Direct debit authorizationYesRequired for Streamlined IA
Financial statementOptionalNot required for Streamlined
Business returns filedOptionalNot applicable

Recommendation

Excellent Fresh Start eligibility. Tax debt $25000 under lien threshold - lien likely NOT filed. Streamlined IA available with $348/mo for 72 months. Lien withdrawn after IA acceptance - best outcome.

Fresh Start Key Points

  • Lien threshold: $25,000 (not filed below)
  • Streamlined IA: up to $50,000 debt
  • 72-month payment term available
  • No financial statement for Streamlined
  • Direct debit required for IA
  • Lien withdrawal under $25,000 IA
  • Compliance essential for all programs
  • File all returns before applying
  • Current year estimated payments
  • Apply online at IRS.gov
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