IRS 2010 Federal Tax Return Delay – Earliest Date to File U.S. Taxes in February for Some
We all know that we have a deadline to file our taxes but not much is said about the earliest you can mail in your tax return. Typically, the IRS begins accepting individual tax returns in January, following the end of the calendar tax year. However, due to recent tax legislation, the IRS cannot accept returns from certain individuals until at least February.When President Obama signed the Tax Relief, Unemployment Insurance Reauthorization and Job Creation Act into law in December 2010, the tax law necessitated changes to 2010 IRS tax forms and processing systems. According to IRS Commissioner Doug Shulman, most taxpayers will not be affected by the changes, but some will have to wait until at least mid-
February to file their tax returns. Simply put, the IRS needs additional time to implement changes to its tax processing systems in order to accept returns that comply with the new tax laws enacted in December 2010.
February to file their tax returns. Simply put, the IRS needs additional time to implement changes to its tax processing systems in order to accept returns that comply with the new tax laws enacted in December 2010.
2010 Schedule A (Itemized Deductions), Tuition Fees Deduction, Form 8917, Other Forms Affected
Who is affected by this delay? According to the IRS, individuals who file the following forms are affected by the recent tax legislation:
- Form 4684, Casualties and Thefts
- Form 8859, District of Columbia First-Time Homebuyer Credit
- Form 8917, Tuition and Fees Deduction
- Schedule A , Itemized Deductions (attached to Form 1040)
Teachers are affected by this delay as well; anyone wishing to claim an Educator Expense Deduction on Form 1040 or Form 1040A should wait until further notice from the IRS.
In addition to the Tax Relief Act, the Small Business Jobs Act of 2010 causes delays in the availability of certain IRS tax forms. For a list of tax forms affected by that legislation, see the IRS website.
Who Can’t File Taxes Yet?; When Will 2010 Tax Forms be Ready?
So it looks like, itemizers, educators, and anyone who wishes to claim the Higher Education Tuition and Fees Deduction for post-secondary education should wait until the IRS gives the green light before filing 2010 tax returns. The IRS has been thrown off by end-of-year tax legislation that rejuvenated expiring tax breaks.
However, affected taxpayers should note that the mid- to late February timeframe is an estimate, and the IRS will make an announcement when its systems are ready to go.
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