If you're anticipating a refund from the Internal Revenue Service this year, you might be champing at the bit to get your tax return filed. But you'll have to hold on for a little while. The IRS announced last week that because it had to wait until January 2 for the Fiscal Cliff issues to be resolved, it won't be able to begin processing returns this year until January 30. That's about eight days later than normal.
Filers with some complicating factors on their returns will have to wait even longer. If you're claiming such things as residential energy credits, depreciation of property or general business credits, the IRS won't be able to deal with your return until late February or March.
But despite all the IRS's problems, don't expect to get any leeway on the other end. As always, the deadline for sending your return back to the IRS is April 15th.
No comments:
Post a Comment