Yes! You can use AI to fill out Form 433-F (Rev. 7-2024), Collection Information Statement

People often enter a new mailing address but forget to check the box indicating it differs from the last filed return, especially when they’re focused on the financial sections. This can cause IRS notices or follow-up requests to be sent to the wrong address, delaying case processing and increasing the chance of missed deadlines. Always compare the address you’re entering to your most recently filed return and check the box if it changed. AI-powered tools like Instafill.ai can flag address mismatches and prompt you to confirm the checkbox.

A very common error is transposing digits, entering a spouse SSN in the primary taxpayer field, or filling spouse phone numbers even though no spouse SSN/ITIN is provided. These mistakes happen because the form collects multiple identifiers close together and people copy from memory instead of official documents. The consequence is identity/record-matching problems and IRS requests for clarification, which can stall collection alternatives. Use Social Security cards/ITIN letters to copy exactly, and only complete spouse phone fields if the spouse SSN/ITIN is included; Instafill.ai can validate identifier formats and enforce conditional spouse-field rules.

Filers frequently misunderstand the instruction to count only people who can be claimed on this year’s tax return (including the taxpayer/spouse), and they may place everyone in one age bucket or double-count. This happens when people treat it like “who lives with me” rather than “who is claimable,” and they overlook the under/over 65 split. Incorrect household size can affect allowable expense standards and the IRS’s ability-to-pay analysis, potentially leading to a higher proposed payment. Verify claimability and ages for the current tax year and split counts correctly; Instafill.ai can help by prompting for dependent eligibility and age categorization.

Many people list only their main checking account and forget savings, secondary accounts, or online/mobile accounts (e.g., PayPal) because they assume “no balance” or “not a bank” means it doesn’t count. The instructions explicitly say to list all accounts even if they currently have no balance, and to include online/mobile accounts. Omissions can be viewed as incomplete disclosure and may trigger additional documentation requests or credibility issues. Gather recent statements for every institution and list each account; Instafill.ai can compile and format account lists and remind you to include zero-balance and online wallet accounts.

People sometimes enter bank loans in Section A (Accounts/Lines of Credit) even though the instructions say not to, or they fail to list credit cards/lines of credit in Section D. This happens because “line of credit” sounds like a loan and the form separates assets (accounts) from liabilities (credit cards). Misclassification can distort the IRS’s financial picture and lead to follow-up questions or recalculation of ability to pay. Put deposit accounts in Section A, investments in the Investments section, and credit cards/lines of credit in Section D; Instafill.ai can guide correct categorization and prevent placing items in the wrong section.

A frequent issue is listing a property but not providing the full description/location/county, or entering equity that doesn’t equal current value minus balance owed. This often happens when people estimate quickly, forget that the form asks for county, or confuse purchase price with current value. Incorrect or incomplete real estate data can cause the IRS to question valuations and request appraisals, mortgage statements, or additional proof, slowing resolution. Use a recent mortgage statement for balance owed and a reasonable market estimate for current value, then compute equity consistently; Instafill.ai can auto-calculate equity and prompt for missing county/location fields.

Filers often write “car” without make/model/year, forget to mark a vehicle as a lease (the instructions say to write “lease” in the year purchased column), or leave the final payment month/year blank. These omissions happen because people don’t have loan/lease paperwork handy and underestimate how specific the IRS expects asset identification to be. Missing details can lead to requests for loan statements, registration info, or clarification, delaying the case. Pull information from registration, insurance, and loan/lease statements and complete the payment timeline; Instafill.ai can standardize asset descriptions and ensure required date fields are completed.

People commonly omit store cards or cards with zero balances, or they enter the amount they choose to pay instead of the required minimum monthly payment. This happens because they focus on “what I owe” and forget the form asks for credit limit, balance owed, and minimum payment for each card, even if the balance is zero. Incomplete liabilities can make the financial statement appear inconsistent with credit reports and can trigger additional verification. List every card/line of credit and use the statement’s minimum payment figure; Instafill.ai can help by validating numeric fields and prompting for missing cards and minimum-payment amounts.

A growing mistake is leaving the digital assets section blank because filers think small holdings “don’t matter,” or they provide coin amounts without a USD value “as of today,” or omit the exchange/wallet and setup email. This happens due to uncertainty about reporting requirements and difficulty valuing assets at a point in time. Omissions can be treated as incomplete disclosure and may lead to follow-up questions or requests for exchange statements. List each asset type, where it’s held, the associated email, storage location, and both quantity and current USD value; Instafill.ai can help format entries and ensure the required components (amount + USD value + platform details) are present.

In Section F, filers often enter monthly income in the “gross per pay period” box, forget to check weekly/biweekly/semi-monthly/monthly, or mix up gross pay with net pay. This happens because people think in monthly budgets while the form requests per-pay-period figures unless you attach a pay stub. The result is inconsistent income calculations and potential over/understatement of ability to pay, leading to delays or an unaffordable proposed payment. Use a current pay stub and copy gross and tax withholdings per pay period, or attach the stub and skip the section as allowed; Instafill.ai can normalize pay frequency and prevent period mismatches.

For Section G, people frequently report gross receipts instead of net income after ordinary and necessary expenses (and they sometimes include depreciation for rentals), or they enter a negative number when the instructions say to enter “0” if it’s a loss. This happens because “income” is interpreted as top-line revenue and because tax return concepts (like depreciation) get mixed into cash-flow reporting. Misreporting can materially change the IRS’s ability-to-pay analysis and trigger requests for Schedule C/Schedule E or a current-year profit and loss statement. Calculate true monthly net cash income, exclude depreciation for rentals, attach the requested P&L/Schedule C when applicable, and enter 0 for losses; Instafill.ai can prompt for net-vs-gross and enforce the “0 if loss” rule.

A common error is listing expenses in their original billing frequency (weekly, quarterly, annual) without converting to monthly using the form’s conversion rules, or double-counting housing costs (e.g., putting mortgage in Rent even though mortgage belongs in Real Estate Section B). This happens because people pull numbers from bills without standardizing time periods and because the form splits housing between Section B and Section H. The consequence is inflated or inconsistent expenses that may be disallowed or require substantiation, delaying approval of an installment agreement or other resolution. Convert all expenses to monthly (weekly × 4.3, biweekly × 2.17, quarterly ÷ 3) and ensure mortgage is in Section B while Rent is only for renters; Instafill.ai can automatically convert frequencies, prevent double-counting, and validate totals.