IRS NOTICES: TAX ID THEFT

What is a CP05 notice?

Jo Willetts, EA Director of Tax Resources, Jackson Hewitt Published On June 10, 2020

IRS notices are letters sent to inform taxpayers of important tax information. Each one is different, but we can explain what the CP05 is about.

Understanding your CP05 notice

The IRS is verifying your income and income tax withholding after your return was filed.

Type of Notice

Tax ID theft

Why you received the CP05 notice

You have received a CP05 notice from the IRS because the IRS has received a tax return in your name and the IRS is verifying your income and income tax withholding.

Likely next steps

As always, read the notice carefully. You will only need to take immediate action if you did not file a tax return. Someone might have used your information to file a fraudulent tax return and you will need to complete and sign Form 14039, and send to the IRS with accompanying documents. For more information, see IRS Identity Theft Victim Assistance: How It Works on irs.gov.

About the Author

Jo Willetts, Director of Tax Resources at Jackson Hewitt, has more than 25 years of experience in the tax industry. As an Enrolled Agent, Jo has attained the highest level of certification for a tax professional. She began her career at Jackson Hewitt as a Tax Pro, working her way up to General Manager of a franchise store. In her current role, Jo provides expert knowledge company-wide to ensure that tax information distributed through all Jackson Hewitt channels is current and accurate.

Jackson Hewitt Editorial Policy

Owe back taxes? Jackson Hewitt^® can help.

Learn More

8 Common Types of Tax Scam to Watch for in 2020

Most Americans have encountered a scammer, whether it’s through an email from a fake foreign prince asking for money or a phone call from your “IT department” trying to get your information by convincing you there’s a virus on your computer. Scams from people posing as IRS representatives are becoming more common. Thousands of people fall victim to scams every year, losing money and valuable time. A small dose of knowledge can prepare you to recognize a tax scam if you’re targeted.

by Jo Willetts, EA | March 24, 2020

What is IRS Notice CP301?

IRS notices are letters sent to inform taxpayers of important tax information. Each one is different, but we can explain what the CP301 is about.

by Jo Willetts, EA | June 10, 2020

Only You Can Prevent Tax Refund Fraud

Well, maybe not only you, but a large part of the prevention starts with you. We live in an increasingly digital world, and there is no turning back – not that we’d want to, anyway; everyday tasks are made easier through new technology. Ideally, the benefits of technology far outweigh the risks, consequences, and inconveniences.

by Jackson Hewitt | January 30, 2019

Why Jackson Hewitt^®?

We’ll work hard for you

Our Tax Pros will answer your questions, provide tax tips, and help you get smarter about your money.

We know our stuff

Jackson Hewitt is a leader in the tax industry, having prepared millions of tax returns in more than 35 years.

We’ll make it easy

We’re committed to helping you, fast and efficiently. Taxes done how you want and when you want.