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New Member
posted Apr 8, 2021 11:04:15 PM

My fed return was accepted but after 3 weeks of checking W.M.R tax app it now says its being held for review. And they dont have a date of when it will be approved and sent off ... Should I go ahead a

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Intuit Alumni
Apr 9, 2021 12:44:24 PM

Usually, a CP05 notice is sent to taxpayers with returns officially under review. A CP05 review means the IRS needs to verify data on your income tax return. For some issues, you or your small business may need to provide additional information, but other times, the IRS contacts third parties to double-check the total withholdings, credits and income reported on the return. According to the IRS website www.irs.gov, the IRS is checking,

  • 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

Continue to check the status of your refund using the IRS website Where's My Refund? for updates.