Thursday, January 20, 2011

If You're Itemizing, IRS Says You'll Have to Wait

The IRS has said that if you plan on filing an itemized return for 2010, you'll have to wait until February 14. The delay is because the IRS is still trying to frantically get their computer system set up correctly for the last minute tax bill passed by Congress at the end of last year. Others who will have to wait to file are those claiming education credits and teachers claiming the educator expense deduction will have to wait as well.

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