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More must wait to file taxes

The IRS has expanded the list of forms that won't be ready for filers until mid- to late February.

By Kay Bell Jan 11, 2011 3:37PM

Following the passage (finally!) in December of the Tax Relief, Unemployment Insurance Reauthorization and Job Creation Act of 2010 that continued the current income tax rates for the next two years and extended some popular tax breaks, the IRS announced that it would take a while for the agency to get ready for the filing season.


Specifically, or actually not so specifically, the IRS said that the tax measure's late passage meant taxpayers who claim educators' expenses and tuition expenses directly on their 1040 or 1040A would have to wait until mid- to late-February to file.


That same postponement, noted the IRS, also applies to itemizers filing Schedule A.


Now, however, the agency has expanded its list of forms that it won't be able to process for a while.


In addition to Schedule A and Form 8917, the document necessary to claim the higher-education tuition and fees deduction on your personal return, the forms that still are being updated include:

  • Form 3800: General Business Credit
  • Form 4684: Casualties and Thefts 
  • Form 5405: First-Time Homebuyer Credit and Repayment of the Credit (Page 2) 
  • Form 6478: Alcohol and Cellulosic Biofuel Fuels Credit 
  • Form 8834: Qualified Plug-in Electric and Electric Vehicle Credit 
  • Form 8859: District of Columbia First-Time Homebuyer Credit 
  • Form 8910: Alternative Motor Vehicle Credit 
  • Form 8936: Qualified Plug-in Electric Drive Motor Vehicle Credit

So if you plan to file any of these 10 forms with your 2010 tax return, whoa up. The IRS is working to get the documents and the computer system that processes them up to date ASAP, but it will be a while.


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