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IRS Notice CP74: Your credits were approved

IRS Notice CP74 is an information letter from the IRS. The IRS reviewed your Form 8862 and agreed you can claim the credits on your return. Any refund should arrive in about six weeks. This is not a bill. Letters in this group share account information with you.

What this letter usually means

The IRS reviewed your Form 8862 and agreed you can claim the credits on your return. Any refund should arrive in about six weeks. This is not a bill. Keep it with your tax records in case you need it later.

Category: Information and other notices

What people usually do first

Read every page of the letter. Find the date printed on it, if there is one, and compare the details with your own records.

What to have ready

What may come next

This letter does not point to a specific follow-up letter. Any later step will be described in mail from the IRS.

Read the IRS page

The IRS letter itself is the final word on what it means for you. Read the IRS page for CP74.

Common questions about CP74

What is IRS notice CP74?

The IRS reviewed your Form 8862 and agreed you can claim the credits on your return. Any refund should arrive in about six weeks. This is not a bill.

How long do I have to respond to a CP74 notice?

The date to respond or pay by, if there is one, is printed on your letter. Check it, and read the IRS page for CP74 for more.

Is a CP74 notice a scam?

A real CP74 comes by mail and should match your own records. You can also sign in to your IRS Online Account on irs.gov to see your account directly.

What should I have ready for a CP74 notice?

The letter, every page, Your tax records for that year.

The OweRight app can tell you what a CP74 letter is and points you to the IRS page for it.

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OweRight is not the IRS and does not give tax or legal advice.

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