Tuesday, January 29, 2013


On Monday, two days before the delayed Jan. 30 start of the 2013 filing season, the IRS announced a further delay in processing returns that contain Form 8863, Education Credits, which must be filed by people claiming the American opportunity and the lifetime learning tax credits. During testing, the IRS discovered that programming modifications must be made before the form can be processed correctly so returns that include the form cannot be filed until mid-February.

The IRS emphasized that returns claiming other education-related items, such as the student loan interest deduction and the deduction for higher education tuition or fees, can be filed beginning Wednesday, Jan. 30.

The IRS also noted that there are 30 other forms that cannot be filed yet because the forms must be updated and systems for processing them tested. A date will be announced when returns containing these forms will be accepted, but that date will probably be late February or sometime in March.

Other forms that cannot be filed on January 30 include:

• Form 3800 General Business Credit • Form 4136 Credit for Federal Tax Paid on Fuels • Form 4562 Depreciation and Amortization (Including Information on Listed Property) • Form 5695 Residential Energy Credits • Form 5884 Work Opportunity Credit • Form 8396 Mortgage Interest Credit • Form 8582 Passive Activity Loss Limitations • Form 8834 Qualified Plug-in Electric and Electric Vehicle Credit • Form 8839 Qualified Adoption Expenses • Form 8903 Domestic Production Activities Deduction • Form 8908 Energy Efficient Home Credit • Form 8909 Energy Efficient Appliance Credit • Form 8936 Qualified Plug-in Electric Drive Motor Vehicle Credit Please contact me if you have questions about your individual tax situation.