Tax return filing to begin Jan. 30 for most

IRS spokesman David Stell discusses how “fiscal cliff” legislation delayed tax return filings. Most taxpayers can file Jan. 30, but others claiming energy credits and other tax benefits must wait until late February or March.
by Paula Burkes Published: January 9, 2013
Advertisement
;

Q&A with David Stell

Tax filing starts Jan. 30 for most

Q: The IRS has announced the time for filing 2012 federal individual income tax returns will begin this year on Jan. 30. The filing period usually begins Jan. 2 — why later this year?

A: Tax law changes made by Congress under the American Taxpayer Relief Act were enacted on Jan. 2. The legislation has major implications for the IRS, and a direct impact on this year's tax filing season. Once the changes became law, the IRS began updating tax forms, and must complete programming and testing of its processing systems before being ready to accept tax return filings.

Q: Will all taxpayers then be able to file beginning Jan. 30?

A: The vast majority will. The IRS expects that more than 120 million households will be able to file beginning Jan. 30, including those affected by the AMT, as well as those claiming the “extender” deductions for sales taxes, tuition and educator expenses. Others who claim certain tax benefits and provisions, such as residential energy credits, depreciation of property or general business credits, will be able to file beginning in late February or March because of the need for more extensive form and processing systems changes. A full listing of forms the IRS will not accept until later will be posted on the IRS website, irs.gov. The IRS will soon announce a specific date for these taxpayers.

Continue reading this story on the...

by Paula Burkes
Reporter
A 1981 journalism graduate of Oklahoma State University, Paula Burkes has more than 30 years experience writing and editing award-winning material for newspapers and healthcare, educational and telecommunications institutions in Tulsa, Oklahoma...
+ show more


Trending Now


AROUND THE WEB

  1. 1
    Best To Not Sweat The Small Stuff, Because It Could Kill You
  2. 2
    Family finds boa constrictor in cab of moving truck
  3. 3
    11-year-old boy tackles unemployment, housing, and diversity in Ferguson
  4. 4
    Here Are The Most-Googled Brands In Each State
  5. 5
    Report: Minnesota Vikings do not foresee Adrian Peterson in their future
+ show more