The IRS plans January 30 as the opening day for the 2013 tax return filing season. The IRS announced that it will begin accepting tax returns on that date after it updates forms and completes programming and testing of its processing systems. The vast majority of tax filers, more than 120 million households, should be able to start filing tax returns starting on January 30.
The IRS will be able to accept returns affected by the late alternative minimum tax (AMT) patch as well as three other extender provisions; those for individuals who claim the state and local sales tax deduction, the higher education tuition and fees deduction, and the educator expenses deduction.
The remaining taxpayers will be able to start filing in late February or March due to form and processing changes. This group includes individuals who are claiming residential energy credits, depreciation of property or general business credits. The IRS will not process paper returns prior to the anticipated opening date. The best option is to file electronically. The IRS states that it will be working closely with the tax software industry and tax professional community to minimize delays and ensure as smooth a tax season as possible under the circumstances.
0 comments:
Post a Comment