Wednesday, January 5, 2011

Tax filing delay

The IRS has announced that it will need some extra time to reprogram their computers in regard to some of the provisions of the new tax law. Therefore returns with certain tax features will not be accepted until mid- to late February. Those situations are:

1. Anyone who files a Schedule A
2. State and local sales tax deduction
3. Tuition and fees deduction for higher education
4. Educator expenses.

The IRS will announce specific dates later.

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