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I am recieving a letter from the irs a CPO5 ,What do I do now

I used my last paycheck stub since I got W2 late. I see that I my wages were more on my stub than on my W2 could this be the reason it got reviewed
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ThomasM
New Member

I am recieving a letter from the irs a CPO5 ,What do I do now

Yes, it could be.  But it could be other reasons as well; it's hard to say specifically.  Here's some standard IRS language regarding the CP05 notice:

We sent you this notice because we’re reviewing your tax return to verify:

  • The income you reported on your return
  • The income tax withholding amounts you reported on your return
  • The claims for tax credits you made on your return
  • The withholding claimed on your Social Security benefits
  • The household help you claimed
  • The Schedule C income you claimed
Normally with CP05 notices, you simply wait until they conclude their initial review and send you a letter.  They may request additional info.  They should've given you some sort of timeframe in the notice.  In the meantime, you should assemble your documents and re-familiarize yourself with the return.

Here's a link to the IRS "Understanding your CP05" page:  https://www.irs.gov/individuals/understanding-your-cp05-notice

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1 Reply
ThomasM
New Member

I am recieving a letter from the irs a CPO5 ,What do I do now

Yes, it could be.  But it could be other reasons as well; it's hard to say specifically.  Here's some standard IRS language regarding the CP05 notice:

We sent you this notice because we’re reviewing your tax return to verify:

  • The income you reported on your return
  • The income tax withholding amounts you reported on your return
  • The claims for tax credits you made on your return
  • The withholding claimed on your Social Security benefits
  • The household help you claimed
  • The Schedule C income you claimed
Normally with CP05 notices, you simply wait until they conclude their initial review and send you a letter.  They may request additional info.  They should've given you some sort of timeframe in the notice.  In the meantime, you should assemble your documents and re-familiarize yourself with the return.

Here's a link to the IRS "Understanding your CP05" page:  https://www.irs.gov/individuals/understanding-your-cp05-notice

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