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
- The letter, every page
- Your tax records for that year
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.
Scan your letter in the OweRight iPhone app
The OweRight app can tell you what a CP74 letter is and points you to the IRS page for it.
OweRight is not the IRS and does not give tax or legal advice.
Related notices
- IRS Notice CP239: IRS is checking your payroll tax deposits
- IRS Notice CP259: IRS has no record of your business return
- IRS Notice CP259A: IRS has no record of your annual return
- IRS Notice CP259G: IRS has no political group return on file
- IRS Notice CP261: IRS accepted your S corporation election
- IRS Notice CP262: IRS ended your S corporation election