If you’re trying to settle with the IRS, stop a wage garnishment, or request Currently Not Collectible status, chances are you’ve been asked to complete Form 433-A.

This isn’t just paperwork — it’s the foundation of your entire IRS case.

Here’s what Oklahoma taxpayers need to know about IRS Form 433-A, what’s included, and how to avoid the costly mistakes we see every week at Summit Tax Relief.

What Is IRS Form 433-A?

IRS Form 433-A (Collection Information Statement for Wage Earners and Self-Employed Individuals) is the IRS’s tool for evaluating:

• Your income
• Your expenses
• Your assets
• Your debts
• Your ability to pay

This form is required in:

• Offer in Compromise applications
• Currently Not Collectible requests
• Partial Payment Installment Agreements
• Field collection cases with Revenue Officers
• Responses to levy or garnishment notices

Why It Matters

IRS Form 433-A isn’t just informational — it directly affects:

• Whether you qualify for a settlement
• Whether your wages can be garnished
• Whether your bank accounts are at risk
• What your monthly payment will be if you enter a plan

The IRS uses this form to determine your “reasonable collection potential” — the basis for all resolution options.

What’s Included in Form 433-A?

The form has six main sections:

• Personal Information
• Name, address, marital status, SSN, dependents, etc.
• Employment and Income
• Wages, self-employment income, side jobs
• Income documentation required (pay stubs, 1099s, P&Ls)
• Bank Accounts and Investments
• All checking, savings, CDs, stocks, crypto accounts
• Assets and Real Property
• Homes, vehicles, retirement accounts, business equipment
• Monthly Living Expenses
• Housing, utilities, food, clothing, transportation, health, etc.
• Expenses are measured against IRS National and Local Standards
• Debts and Liabilities
• Mortgage, car loans, credit cards, IRS/state tax debt

Common Mistakes That Can Derail Your Case

Underreporting assets

The IRS will find omitted accounts or property.

Overreporting expenses

If your expenses exceed IRS allowable limits, you must justify them with documentation.

Incomplete or inconsistent income details

For self-employed individuals, an incomplete P&L will trigger IRS rejection or delay.

Submitting without supporting docs

Pay stubs, lease agreements, insurance bills, bank statements — the IRS wants proof.

Example: Oklahoma Client Filing IRS Form 433-A

Case: Self-Employed Contractor in Moore, OK

• Owed $91,000
• Filed 433-A with Summit’s help
• We excluded certain assets due to encumbrances
• Justified out-of-pocket medical costs
• IRS accepted CNC status — client now protected from enforcement

IRS vs. Taxpayer View: The Gap

Understanding the IRS’s lens is essential to getting relief.

Why Work With Summit Tax Relief?

• Based in Oklahoma
• CPA-led firm that prepares and audits all IRS financials in-house
• We verify values, remove unneeded disclosures, and legally reduce exposure
• We’ve filed hundreds of 433-A forms — and fixed dozens more submitted by other firms
• Flat-fee pricing — no billing surprises

Related Blog Posts (Internal Links)

• How the IRS Calculates Your Offer Amount
• Who Qualifies for an IRS Offer in Compromise?
• IRS Letter 1058 – Final Notice Before Levy

Get Help Now

Don’t submit IRS Form 433-A without professional review. One mistake could cost you thousands — or trigger enforcement.


📞 Call Summit Tax Relief at (833) 477-4911
📅 Schedule Your Free Strategy Call

FAQ

Q: Can I fill out Form 433-A myself?
A: You can — but we strongly recommend professional review. Most IRS denials and levy actions result from mistakes on this form.

Q: What documents do I need to submit with it?
A: Pay stubs, bank statements, mortgage info, utility bills, tax returns, P&Ls, etc. The IRS expects full verification.

Q: Is this the same form as 433-F?
A: No — 433-F is a shorter form used in simpler cases. 433-A is more detailed and often required in serious tax matters.

📣 About the Author

Marc Boulanger, CPA is the founder of Summit Tax Relief LLC, based in Oklahoma City, OK.

With over a decade of experience helping individuals and businesses resolve serious IRS and State tax issues, Marc specializes in tax resolution strategies including Offers in Compromise, wage garnishment relief, and back tax compliance.

He is licensed as a Certified Public Accountant in both Oklahoma and California, and has a proven track record of helping clients settle complex tax debts and regain financial stability.

📍 Learn more at www.summittaxrelief.com or call (833) 477-4911.