IRS Form 433‑B – Fillable PDF Collection Statement for Businesses

Form 433‑B, Collection Information Statement for Businesses, is the IRS’s standard form for gathering detailed financial data from corporations, partnerships, LLCs, and other business entities that owe tax. Completing this form accurately is essential when you are pursuing an Offer in Compromise, requesting a payment plan, or negotiating any other tax‑relief option.

What Is Form 433‑B and Who Needs It?

The form captures business information, assets, income, expenses, and the minimum offer amount the IRS will accept. It is required for:

• Corporations (C‑corp, S‑corp)
• Partnerships
• LLCs taxed as corporations or partnerships
• Any other entity with unpaid federal tax liabilities

Step‑by‑Step Guide to Fill Out Form 433‑B

Follow these simple steps using Formize’s built‑in PDF filler:

1. Open the Fillable Form – Click the “Fill out this form” button on this page. The Formize PDF Filler loads automatically.
2. Enter Business Information – Provide the legal name, EIN, address, phone, and a brief description of your business.
3. Provide Officer/Owner Details – List each partner, officer, or member with name, title, ownership percentage, and salary.
4. Report Assets – Include cash, bank accounts, real‑estate, equipment, vehicles, and any other valuable assets.
5. Report Income & Expenses – Fill in monthly gross receipts, cost of goods sold, payroll, rent, utilities, and other operating costs.
6. Calculate Minimum Offer – The form automatically totals the data; use the built‑in calculator to see the IRS‑required minimum offer amount.
7. Review & Sign – Double‑check every field, then add the authorized signature and date.

Common Mistakes to Avoid

• Leaving required fields blank – the IRS will reject the form.
• Using outdated asset valuations – provide current market values.
• Misclassifying the business entity – select the correct box for corporation, partnership, or LLC.
• Forgetting to attach supporting documents – statements, depreciation schedules, and loan agreements are often required.

How to Submit the Completed Form

Once you finish, you have three options:

• Download PDF and mail it to the IRS address indicated in the instructions.
• Print & fax a hard copy to the appropriate IRS office.
• Save securely and upload it through your IRS online account if you are working with a tax professional.

Using Formize ensures the PDF stays fillable and printable without losing formatting.