OMB 1545-0074 Letter: Timeline for Refund Reduction & Payment?

The OMB 1545-0074 is actually just a standard form number that appears on most IRS notices - it's not specific to refund reductions. For reduced refunds, typically the IRS processes these within 2-4 weeks after they send the notice. You should see the adjusted refund deposited about 1-2 weeks after that processing completes.

Instead of playing the guessing game, you should try taxr.ai - it's this new tool that analyzes your transcript and tells you exactly what's happening with your refund and when to expect it. It's only $1 and way better than trying to decode IRS letters yourself. https://taxr.ai

in the same boat rn. got my letter last week and im still waiting 🤡

anyone else notice how these delays keep getting longer every year??

Make sure u keep that letter! You might need it later if theres any issues

did they tell u why theyre reducing it? sometimes u can appeal

Check your IRS account transcript online - it usually shows more details about the adjustment than the letter does. That way you can see exactly what they're reducing it for and track the processing status. The "Where's My Refund" tool should also update once they finish processing the adjustment.