Who can apply for a financial hardship tax compromise?

A business or individual with a City of Chicago tax liability may use the application to request an agreement resolving the liability based on financial hardship.

What documents must I include?

Include completed schedules and supporting documents, federal and state income tax returns, and six months of bank statements. Businesses must also provide subsequent City tax returns.

How do I submit the Financial Hardship Application?

Send the completed application and supporting documents to the Financial Hardship Committee at the Chicago Department of Finance, 2 N. La Salle Street, Suite 1310, Chicago, Illinois 60602.

Do I need a notary for the Financial Hardship Application?

No. This application is signed without a notary and requires no notarized or sworn attachment; the signer just signs and dates it.

Chicago, IL · Cook County

No notary required

Financial Hardship Application

Businesses and individuals use this application to ask Chicago’s Department of Finance to resolve a City tax liability based on financial hardship.

What this form is

The application requests an offer in compromise of a City of Chicago tax debt based on financial hardship. Applicants provide business or personal financial details and supporting documents, including tax returns and bank statements; businesses must also provide subsequent City tax returns. The Department requires a completed application with all schedules, answers, and supporting documents, and may request missing information.

Who needs it

A business or individual seeking a compromise of a City of Chicago tax liability based on financial hardship should complete this application.

How to submit it

Send the completed application and supporting documents to the Financial Hardship Committee, Chicago Department of Finance, 2 N. La Salle Street, Suite 1310, Chicago, Illinois 60602.

About notarization

This application is signed without a notary; it requires no notarized or sworn attachment, so the signer just signs and dates it.

How to submit this form

1
Download The Application
Download the Financial Hardship Application PDF.
2
Complete The Application
Complete all applicable schedules and answer every line item, including the business and individual financial sections that apply.
3
Gather Supporting Documents
Include supporting tax returns, six months of bank statements, and other documents supporting the hardship claim. Include a Power of Attorney if required.
4
Send It To The Committee
Mail the completed application and supporting documents to the Financial Hardship Committee at the address listed in the application.

Frequently asked questions

Who can apply for a financial hardship tax compromise?: A business or individual with a City of Chicago tax liability may use the application to request an agreement resolving the liability based on financial hardship.
What documents must I include?: Include completed schedules and supporting documents, federal and state income tax returns, and six months of bank statements. Businesses must also provide subsequent City tax returns.
How do I submit the Financial Hardship Application?: Send the completed application and supporting documents to the Financial Hardship Committee at the Chicago Department of Finance, 2 N. La Salle Street, Suite 1310, Chicago, Illinois 60602.
Do I need a notary for the Financial Hardship Application?: No. This application is signed without a notary and requires no notarized or sworn attachment; the signer just signs and dates it.

Need something notarized?

This Financial Hardship Application doesn’t need a notary — but Illinois residents can notarize other documents online with a commissioned online notary.