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The credit is available for only four tax years per student We review returns to determine whether income, income tax withholding, credits, or expenses are reported correctly. This notice has been sent to inform you of this discrepancy and to help you verify if you claimed this credit correctly.
Received a cp03 notice from the irs The notice is dated march 3, 2025 and says your 2024 tax return is being reviewed at the top Learn what it means, why you got it, and how to verify your identity and protect your tax refund.
Processing your return has been delayed
Addressing your letter as soon as you receive it could prevent further irs contact or examination Look in your irs letter or notice, and select the corresponding number below for more information about what to do next The april 15th tax deadline has no bearing on refund processing timelines for returns under review Be aware that while they estimate 60 days, some reviews can extend beyond this timeframe, especially if the irs requests additional documentation from you.
Did you receive an irs notice or letter Search for your notice or letter to learn what it means and what you should do. In 2025, with inflation adjustments, it is more likely that taxpayers will receive this notice if their refund is delayed due to these changes Essentially, the cp05 notice is a way for the irs to keep you updated on the status of your tax return and refund.
The cp05 letter states that my tax return is up for review to verify income, etc
She made it sound like they have finished or just about finished reviewing and making sure all info was correct. A cp05 notice from the irs means they are reviewing your tax return to verify information before issuing a refund This process can take up to 60 days from the date of the letter, but sometimes it takes longer. The irs issues a cp05 notice to inform you that your tax return is under review
The review process may take up to 60 days, during which your refund will be withheld.
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