IRS Will Begin Processing Returns Impacted by 2010 Tax Changes on February 14, 2011

The delay in filing the 2010 Form 1040 for many individuals previously mentioned by the IRS will be over on February 14, 2011.

The delay impacts filers who will itemize on Schedule A or claim above-the-line deductions for higher education tuition and fees or educator expenses.  The IRS will begin accepting those returns on February 14, 2011.

If you are not one of the individuals mentioned above you can file your return immediately.  Call us today if you have any questions.

-EAE

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CIRCULAR 230 DISCLAIMER: ADVICE, ARTICLES AND COMMENTARY INCLUDED HEREIN DO NOT CONSTITUTE AN OPINION AND ARE NOT INTENDED OR WRITTEN TO BE USED, AND THEY CANNOT BE USED, BY ANY TAXPAYER FOR THE PURPOSE OF AVOIDING PENALTIES THAT MAY BE IMPOSED ON THE TAXPAYER.