• Emily posted an update in the group Earned Income Tax Credit (EITC) 9 months, 4 weeks ago


    I saw your post about having relatives that work for the IRS, and thought I would ask you a question that I cant seem to get a clear answer on. I received the CP75 notice, wanting me to verify HOH status, dependents and EIC. The letter states they are holding the EITC and/or the ACTC credit portion of my refund. I did pay in taxes as well. I want to know if they are going to hold my entire refund, or will they only hold the EIC portion (I didn;t have any ACTC) and release the rest on time as normal? I also did not have the Premium Tax Credit.

    • They will hold the portion for the credit(s) mentioned. After the audit, if the information requested during the audit is verified you will get the remaining balance. If I were you, I would contact a tax advocate to help if this is more than half of your refund. I hope this helps, and good luck.