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The IRS has informed Sue that she owes a substantial amount in taxes, penalties, and interest for the tax return she had filed four years

The IRS has informed Sue that she owes a substantial amount in taxes, penalties, and interest for the tax return she had filed four years ago. She has heard about something called an offer in compromise (OIC) that may be submitted to the IRS in lieu of the amount assessed by the IRS. Sue must do which of the following if she submits an OIC? Question 8Select one: a. She must complete a quarterly cash flow statement detailing total income and expenses. b. She must submit a fee of $107 with the offer, which will be refundable if the offer is rejected. c. She must submit 20% of the offer amount and an application fee with the offer. d. She must submit a fee of $225 with the offer, which will be refundable if the offer is rejected

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