Tax Relief AnswersIRS Form 433-B: Collection Statement for Businesses
The short answer
Form 433-B, Collection Information Statement for Businesses, is the financial statement the IRS asks a business to complete so it can decide how the business can pay a tax debt. The form's entity choices are partnership, corporation, LLC classified as a corporation, other LLC, and other, and the current revision is June 2026 (checked November 2026 on the irs.gov forms list). Sole proprietors use the individual form, Form 433-A. For an offer in compromise, a business uses a separate form, Form 433-B (OIC).
Form 433-B at a glance
| Item | What irs.gov shows |
|---|---|
| Purpose | Business financial statement for IRS collection decisions |
| Current revision | June 2026 (Spanish version 433-B (SP): June 2026) |
| Entity types on the form | Partnership, corporation, LLC classified as a corporation, other LLC, other |
| About page on irs.gov | None found; the IRS links the PDF directly |
| Fee | None listed |
Who files it
A business that the IRS asks for financial information. IRS Publication 594 says the IRS may ask for Form 433-F, 433-A or 433-B before approving an installment agreement. The IRS page on temporarily delaying collection lists Form 433-B among the statements it may request before a Currently Not Collectible decision. The Form 12153 hearing request suggests Form 433-B for businesses that want Appeals to consider a collection alternative.
The form opens with a warning that every entry space must be completed with current data or "N/A", and that blanks may lead to rejection or delay. It is signed under penalties of perjury.
Form 433-B or Form 433-B (OIC)?
| Form | When the IRS uses it |
|---|---|
| Form 433-B | General business financial statement for payment plans, hardship decisions and appeals |
| Form 433-B (OIC) | Business statement for an offer in compromise, inside the Form 656-B booklet (April 2026 revision) |
The Form 656-B booklet says to fill out Form 433-B (OIC) if the business is a corporation, partnership or LLC.
Where and how it is submitted
There is no general mailing address on the form. A business sends it to the IRS employee or office that asked for it, or attaches it to a Form 12153 hearing request. Keep a full copy and proof of the date you sent it.
Steps
- Read the IRS request and confirm it names Form 433-B and not Form 433-B (OIC).
- Download the current revision from irs.gov; the Spanish version has the same June 2026 date.
- Gather the business's bank statements, receivables, assets, debts, and income and expense records.
- Have an authorized officer, partner or member sign it.
- Send it to the office that asked for it.
Common mistakes
- Leaving spaces blank. The form warns that blanks can cause rejection or delay.
- Using Form 433-B when the debt is a sole proprietor's. Sole proprietors are individuals and use Form 433-A.
- Sending the general Form 433-B with an offer in compromise instead of Form 433-B (OIC).
Related pages: self-employed and owe taxes, IRS payment plans, Currently Not Collectible status and federal tax liens.
FAQ
What is Form 433-B used for?
Form 433-B is the collection information statement for businesses; the IRS uses it to see how a business can pay a tax debt. The current revision is June 2026, checked November 2026.
Does a sole proprietor use Form 433-B?
No. The Form 656-B booklet and Publication 1854 treat sole proprietors as individuals, who use Form 433-A or Form 433-A (OIC).
Is there a Spanish Form 433-B?
Yes. The irs.gov forms list includes Form 433-B (SP), Información de Cobro para los Negocios, with a June 2026 revision, as of November 2026.
Where do I send Form 433-B?
To the IRS employee or office that requested it, or with a Form 12153 hearing request. The form does not list a general mailing address.