The IRS is holding your refund while it reviews your return.
The IRS is holding your refund while it reviews your return.
CP05 tells you the IRS is reviewing your return, often income, withholding, or credits, and is holding your refund during that review. Usually no action is required unless the IRS follows up.
CP05 tells you the IRS is reviewing your return, often income, withholding, or credits, and is holding your refund during that review. Usually no action is required unless the IRS follows up.
The IRS issues Notice CP05 when its records show a specific condition on your account. The notice itself states the amount, the tax year, and the date the IRS is working from. If any of that looks wrong, it often is worth challenging, and confirming the details is the first thing we do.
If you do nothing, the balance continues to grow with penalties and interest, and the IRS escalates toward liens, levies, and wage garnishment. Every notice has a response window, and the options are widest before it closes.
Three steps, whether you handle it yourself or have us step in.
Notice CP05 carries a response date: No action unless requested. Mark it, because the IRS's next step is usually more serious.
The IRS is sometimes wrong. We pull your transcripts and verify whether the amount and the basis for the notice are correct before responding.
If the IRS requests documents, respond carefully and on time. We respond on your behalf and take the deadline pressure off you.
Send it to us and we will tell you exactly what it means and your options, at no cost.
It is a real notice with real consequences, but it is a routine part of the process and every version of it has defined options. The IRS is holding your refund while it reviews your return.
No action unless requested. Deadlines are strict, so it is best to act well before the date on your specific notice.
Yes. Once we represent you, the IRS communicates with us, and we respond on your behalf. Send us the notice and we will explain your options at no cost.
The income reported to the IRS does not match your return, and the IRS proposes changes.
CP2501An earlier-stage notice that income reported by third parties does not match your return.
CP75The IRS is auditing the credits (like the Earned Income Tax Credit) on your return.
Send us the notice and we will tell you exactly what it means and what your options are, at no cost.
