Glossary

CP03 Notice

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The CP03 notice is issued by the IRS to inform taxpayers that their tax return is currently being processed. This notice provides updates on the status of the return and includes information on the expected timeline for receiving a refund.

Key points in CP03:

The notice indicates that the IRS has received the tax return and is in the process of verifying the information reported.
It may provide an estimated timeframe for when the taxpayer can expect to receive their refund if applicable.
If the taxpayer has any questions or concerns regarding their return, the notice includes contact information for the IRS.

Receiving CP03 helps taxpayers stay informed about the status of their tax return and refund, offering peace of mind during the processing period.

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