1352103
You'll need to sign in or create an account to connect with an expert.
When the IRS officially places your return under review, you will receive a CP05 notice, and the processing of your refund will be delayed until the review is complete. According to the IRS website, a number of distinct factors can trigger the review, including the need to verify the following entries on your return:
Income is not overstated or understated.
Tax withholding amounts are correct.
You have the right to claim the tax credits on your return.
Social Security benefits withholding amounts are correct.
Household help is accurately reported.
Schedule C income is not overstated or understated.
Edited 03/30/20
When the IRS officially places your return under review, you will receive a CP05 notice, and the processing of your refund will be delayed until the review is complete. According to the IRS website, a number of distinct factors can trigger the review, including the need to verify the following entries on your return:
Income is not overstated or understated.
Tax withholding amounts are correct.
You have the right to claim the tax credits on your return.
Social Security benefits withholding amounts are correct.
Household help is accurately reported.
Schedule C income is not overstated or understated.
Edited 03/30/20
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
whitecayla78
New Member
whitecayla78
New Member
cpchanner
New Member
hoona
New Member
jamessnipes641
New Member