Posted on 01/14/2013 2:58:04 PM PST by Libloather
List of IRS Forms that 1040 filers can begin filing in late February or early March 2013
January 11, 2013
Late on January 1, 2013, Congress passed HR 8 (Tax Relief Extension Act) which extended almost all of the Federal tax provisions that had expired at the end of 2011 and 2012.
The IRS announced on January 9th that they will not accept electronic or paper returns before January 30, 2013, a delay from the original January 22nd beginning date. This is necessary to allow them time to reprogram their systems to comply with the changes included in the Tax Relief Extension Act.
Many forms and schedules will be delayed much further though. The IRS released a list of those forms yesterday. The list really only shows a part of the forms that will be delayed. There are others that will be delayed further into March, but that list has not yet been released.
Additionally, many forms that make up an individual return had to be updated along with the related instructions. Most of these new forms and instructions are scheduled to be released on January 22nd. Software developers will be scrambling to make the required updates and changes to preparation software and get those updates issued to their users.
Tax preparers will be under a great deal of pressure to make all of this happen in their office and be ready to assist taxpayers when the IRS opens up the tax season on the 30th.
**SNIP**
Furthermore, the IRS has also announced that refunds will not be issued as rapidly as they were last year, especially right after the opening of tax season. We're expecting refunds to stretch from 3 to 10 days out to about 21 days during February. After that, the time to receive a refund may return to historical timeframes.
I just received notice from my bank and saving companies that they are not required to send 1099 and 1098 forms until February 15, where before the date was by the last day of January.
All this is just crap.
When traditional retirement plans have been derailed by the economy, politicians, divorce, illness, etc., 3 hots and a cot in Club Fed doesn't look too bad. The plus is that they can go out as agitators.
>> I know people who view not filing from now on as their retirement plan.
LOL! If I was a *little* older I might consider it.
Just make stuff up (including names, addresses and SSNs) and send it in.
Cripes Almighty, my return last year was 379 pages. I may shoot for 400 this year, just for craps and giggles. I cringe this time of year. I'm not looking forward to my nearly 30% tax liability.
They should simplify it to there libes.
How much you made.
How much you got left.
send it in.
Please don't blame your tax preparer. :)
Fill out the forms by hand -- don't use efile -- make them decipher your penmanship and key the data into their servers themselves.
Leave off a small deduction and file an amended return later to claim it -- a ten dollar difference would be about right.
Any other ideas?
File for an automatic extension.
I work seasonally at one of the big nationals and have heard (unconfirmed) that one of our rivals has blamed us for processing so many early returns that they can't complete their clients return so they tell their clients that it is all our fault?!
Frankly, we are all shorn sheep by our civil masters in DC and good luck in getting any sympathy out of them! Their mantra is; "I know there is money out there and we want it, NOW!"
How come those loathsome ba$tards can’t get off their lazy a$$es and get it done. If it were the taxpayer, they would be crawling down their throats demanding that they work 23 hours a day to ensure it was done on time ... no excuses accepted!
Note the jurat in the signature section; I declare that the information I provide, etc., is to the best of my knowledge true. Could be considered perjury.
Note the jurat in the signature section; I declare that the information I provide, etc., is to the best of my knowledge true. Could be considered perjury.
I didn’t say to put your real name on it.
Got email Friday from TaxACT (I file electronically with them every year) that said I could begin and file my return now.... so what gives? Did someone forget to tell them, or what?
Nor would I encourage you to do so because they will assess taxes or penalties for a frivolous filing if they can.
(And don’t forget to put your nitrile gloves on while you prepare that return. ;)
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