What does IRS Notice CP05A mean? Got this today and freaking out

omg thank you so much! that makes me feel better. do i need to send them anything?

Usually not unless they specifically request documents. Just wait it out for now 👍

fr? does it actually work? seems too good to be true

Yeah its legit! It basically reads all those confusing transcript codes and tells you exactly whats happening and when you'll likely get paid

just tried it and WOW 🤯 wish i knew about this months ago

facts 💯 they living in 1985 fr

misery loves company ig 😩

This is really reassuring to hear from someone who's been through it! I'm definitely guilty of wanting to call them every day to check on status lol. Quick question though - when you say check the online account transcript weekly, are there specific codes or changes I should be looking for? I've looked at mine but honestly it's like reading hieroglyphics 😅

@AstroAdventurer I totally get that feeling about the transcripts being confusing! When I was going through this, I found that the main thing to look for is any change in the "as of date" at the top - that usually means they've made progress on your case. Also watch for any new transaction codes that pop up. Code 290 with a zero amount usually means they've finished their review and are about to release your refund. Code 846 is the actual refund release date. There are tons of other codes but those are the main ones that matter for CP05A situations!

@AstroAdventurer I totally get the hieroglyphics feeling! When I was going through my CP05A review, the main things I watched for were: any new transaction codes (especially 846 which means refund issued), changes to the "as of" date at the top, and cycle codes updating. The transcript will usually show a 971 notice code when they first start the review, then hopefully an 846 when they finish. But honestly, @Khalil mentioned that taxr.ai tool earlier and I kinda wish I had known about that - would've saved me from trying to decode all those cryptic numbers myself!

@AstroAdventurer I totally get the hieroglyphics feeling! When I was going through this, I was checking my transcript obsessively too. Look for transaction code 846 (that's your refund being released) and any changes in the "as of" date at the top. The codes are confusing but honestly that taxr.ai tool that @Khalil mentioned earlier is actually pretty legit - I used it after seeing it recommended here and it made everything so much clearer. Way better than trying to decode all those numbers yourself!

@AstroAdventurer I totally get that! The transcript codes are super confusing at first. Look for transaction code 846 - that's your refund being released. You'll also see code 971 with notice code 051 which confirms the CP05A review. When the review is done, you'll typically see the 846 code appear with your refund amount and a date. There's usually a cycle date that gives you an idea of when to expect it. Don't worry if you see other random codes - most are just routine processing stuff!

@AstroAdventurer I totally get the hieroglyphics feeling! When I was going through this, I found the main things to watch for are: transaction code 150 (which means they've accepted your return), code 846 (refund issued), and any 290 codes (which are adjustments). The dates next to these codes will give you an idea of timing. Also look for the "as of" date at the top - that usually moves forward every Monday when they update the system. If you see any 420 or 424 codes, those relate to the income verification they're doing for your CP05A review.

@AstroAdventurer I totally get that - transcripts are super confusing! Look for transaction code 971 (that's when they put a hold on your refund) and then later you'll see a 571 code when they release it. The "as of" date at the top will also change as they process things. There are also some good online guides that break down all the codes if you want to decode the whole thing!