VALID › Notice Library › CP158 notice
In the IRS’s own words · not reviewed by VALID
CP158 notice explained, in the IRS’s own words
We’re reviewing your Form 1120-F, U.S. Income Tax Return of a Foreign Corporation, and holding a part of your refund until we complete our review.
Read the full CP158 page on irs.gov ↗
What this notice is about
We’re reviewing your Form 1120-F, U.S. Income Tax Return of a Foreign Corporation, and holding a part of your refund until we complete our review.
What you need to do
You don’t need to take any action right now.
Why are you reviewing my return?
We need to verify the income or the income tax withholding you reported on your return. This doesn’t mean you made an error or were dishonest.
What if I didn’t file the tax return?
Someone else may have filed it for you without your consent. Send us a completed and signed Form 14039, Identity Theft Affidavit PDF. You may also complete the Form online at
Form 14039. You may want to visit our Identity Theft Central page while we review your Form 14039.
What to do next
- Write down the date on the letter today.
- Look the number up on irs.gov yourself. Don’t trust a link or phone number from anyone else.
- If it says you owe money or proposes changes to your return, take it to a licensed CPA, EA or tax attorney before that date.
Not advice. Not a filing. Verify with a licensed professional. Rules change by year and facts.