Reply To: Letter from IRS

[LongLiveMyBabyBoyJames2011]

I received a letter in the mail today that reads, “dear TAXPAYER we received your income tax return and are verifying its accuracy. We’re holding your refund until we finish reviewing the information reported. We selected your return to verify one or more of the following: -income -income tax withholding- tax credits – business income” anyone else have this and how long did it take?

[JBB]

i got the same 4464C letter today as well. i just got off the phone with an IRS agent and he said a lot of returns so far have been flagged so far this year and he said most likely this is the first batch of 4464C returns so hopefully it should be cleared up sooner than 60 says. he said keep checking transcripts as those will update before follow up notices are sent out. he said it is mostly due to them being behind in processing.