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CP757 — We changed the amount of First-Time Homebuyer Credit Repayment included in the total tax on page 2 of your tax return. A…
We changed the amount of First-Time Homebuyer Credit Repayment included in the total tax on page 2 of your tax return. According to our records you do not owe a repayment of the credit.
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CP757
Read the notice carefully and note any deadline. Gather returns, notices, and payment records. Book a free strategy session before responding if the amount is large, unclear, or collection language appears.
What the IRS language says
We changed the amount of First-Time Homebuyer Credit Repayment included in the total tax on page 2 of your tax return. According to our records you do not owe a repayment of the credit.
What it usually means
CP757 is in our IR Manual catalog. Official wording is dense — we translate it for business owners and individuals and map realistic next steps.
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