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function calculateOIC() { var monthlyIncome = document.getElementById('monthlyIncome').value; var monthlyExpenses = document.getElementById('monthlyExpenses').value; var assetEquity = document.getElementById('assetEquity').value; var totalTaxOwed = document.getElementById('totalTaxOwed').value; var disposableIncome = monthlyIncome - monthlyExpenses; var RCP; if (disposableIncome * 12 < totalTaxOwed) { RCP = (disposableIncome * 24) + parseFloat(assetEquity); } else { RCP = (disposableIncome * 12) + parseFloat(assetEquity); } if (RCP < totalTaxOwed) { document.getElementById('result').innerHTML = "Based on the information provided, you may qualify for an Offer in Compromise."; } else { document.getElementById('result').innerHTML = "Based on the information provided, you may not qualify for an Offer in Compromise."; } }

Offer in Compromise Calculator

Monthly Income:

Monthly Expenses:

Asset Equity:

Total Tax Owed: