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Topic: Form 8917

IRS to Start Processing Delayed Returns on February 14th

 

Most People Unaffected and Can File Now

Internal Revenue Service - IRSWashington, D.C. – The Internal Revenue Service plans a February 14th start date for processing tax returns delayed by last month’s tax law changes.  The IRS reminded taxpayers affected by the delay they can begin preparing their tax returns immediately because many software providers are ready now to accept these returns.

Beginning February 14th, the IRS will start processing both paper and e-filed returns claiming itemized deductions on Schedule A, the higher education tuition and fees deduction on Form 8917 and the educator expenses deduction. Based on filings last year, about nine million tax returns claimed any of these deductions on returns received by the IRS before February 14th. «Read the rest of this article»

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