Information regarding browser or device support

Oh no! We may not fully support the browser or device software you are using !

To experience our site in the best way possible, please update your browser or device software, or move over to another browser.

IRS Collection

What you should know about the 6 types of Collection Information Statements (Form 433)

Jim Buttonow, CPA, CITP

SVP Post-Filing Tax Services

Published on: June 28, 2023

IRS collection agreements based on your ability to pay require that you give the IRS a complete picture of your finances. You can do this on any of the 6 IRS Collection Information Statements. If you find yourself in a situation where you need to fill out an IRS Collection Information Statement (Form 433), read on.

What information do you need to provide to the IRS for a Collection Information Statement?

You’d use a Collection Information Statement when you’re asking to set up:

  • An IRS ability-to-pay installment agreement,
  • Currently not collectible (CNC) status, or
  • An offer in compromise (OIC)

When you’re filling out Form 433, you’ll provide detailed information to the IRS about your:

  • Family income,
  • Expenses,
  • Assets,
  • Liabilities (debts),
  • Employment,
  • Banking, and
  • Business operations.

How does the IRS use the information?

The IRS uses your Collection Information Statement, plus your supporting documents, to figure out how much you can pay on your tax bill with your assets and monthly payments.

If you don’t respond or cooperate with the IRS, it could start collection enforcement and levy your assets.

Here’s how the 6 types of Forms 433 apply to different taxpayers and situations

Individual Collection Information Statements

  • Form 433-F, Collection Information Statement: This is the most widely used Collection Information Statement for individual filers. People who use Form 433-F usually make their income from wages, or as independent contractors. This form is only two pages.
  • Form 433-A, Collection Information Statement for Wage Earners and Self-employed Individuals: Form 433-A is the long form for individual filers and people who report their small business on Form 1040. The IRS typically asks for this form in collection situations when a revenue officer is involved, or when the taxpayer has complex financial circumstances.
  • Form 433-H, Installment Agreement Request and Collection Information Statement: This form is for individual taxpayers when they request ability-to-pay agreements for tax bills of more than $50,000 that they can’t pay within 72 months. It allows the IRS to evaluate your finances and set up a payment agreement.
  • Form 433-A (OIC), Collection Information Statement for Wage Earners and Self-employed Individuals: If you’re applying for an OIC, you’d use this form, which helps you and the IRS figure out whether you qualify for an OIC. If you do, Form 433-A (OIC) also helps you figure out your offer amount.

Business Collection Information Statements

  • Form 433-B, Collection Information Statement for Businesses: Business taxpayers use this form when they are asking for an ability-to-pay agreement with the IRS.
  • Form 433-B (OIC), Collection Information Statement for Businesses: Business taxpayers use this form when they are applying for an OIC to settle their business tax bills. This form allows the taxpayer and the IRS to figure out whether the business qualifies for an OIC. If so, the Form 433-B (OIC) also allows the taxpayer to figure out the offer amount.

We’re here to help 

At Jackson Hewitt, we have 40 years of expertise to help you manage your tax issues. Whether simple or complex, our team of licensed professionals are trained to work directly with the IRS, while keeping you updated every step of the way. Start for free today and learn about how we can help resolve your tax issues.

About the Author

Jim Buttonow, CPA, CITP, is the Senior Vice President for Post-Filing Tax Services at Jackson Hewitt. He’s been a leader in helping taxpayers and tax professionals resolve tax problems with the IRS, where he had worked for 19 years in various compliance-enforcement positions. Prior to his current role, Jim’s consulting practice focused on the areas of tax controversy and tax administration, which included leading product development on tax problem software for tax professionals, testifying before Congress, advocating for IRS transparency and efficiency, and proposing innovative large-scale solutions for taxpayers and tax professionals. Jim is also the author of Tax Problems and Solutions Handbook, a publication aimed at helping tax pros work more effectively in post-filing matters and resolving their clients’ most common tax problems.

View Jim's LinkedIn Profile Jackson Hewitt Editorial Policy

When every dollar matters, it matters who does your taxes™


    Our Tax Pros will connect with you one-on-one, answer all your questions, and always go the extra mile to support you.


    We have flexible hours, locations, and filing options that cater to every hardworking tax filer.


    We’ve seen it all and will help you through it all. Over 40 years of experience and our guarantees back it up.