CP 138 Sample Contents
This is Not a Bill
We Applied Your Credit Payment to Other Federal Taxes
In this notice, we’ll tell you the amount of your credit payment and where we applied the overpayment.
Where We Applied Your Overpayment
We applied [$ amount] from your overpayment to your [form #], Federal Gift Tax, for the tax period [quarter ending date].
About the Remainder of Your Credit Payment
Your remaining credit payment of [$ amount] will be refunded in four to six weeks.
For tax forms, instructions and information visit www.irs.gov. (Access to this site will not provide you with your specific taxpayer account information.)