IRS To Open Tax-Filing Season 8 Days Later Because Of Fiscal Cliff

[Purveyor]

Source: Los Angeles Times

WASHINGTON -- Put down those calculators and step away from the kitchen table, for now at least, because tax season will start a little later this year.

The Internal Revenue Service said it would start processing individual tax returns on Jan. 30, eight days later than it had planned, because of the various changes to tax laws made in the fiscal cliff deal.

Unfortunately for procrastinators, Washington's political dysfunction won't delay the coming of the tax man -- April 15 still is the deadline to file.

Higher tax rates on household income above $450,000, an inflation adjustment to the alternative minimum tax and other provisions of the deal enacted last week mean the IRS has to make last-minute changes to forms and computer software.

That's going to cause those eager to get their tax refund to have to wait.

Read more: http://www.latimes.com/business/money/la-fi-mo-irs-tax-filing-fiscal-cliff-20130109,0,1312957.story

[Warpy]

1. Uh, taxpayers won't be affected at all since we're filing for 2012

The only people who will be affected are bookkeepers in companies that have to calculate withholding and send their quarterly taxes, the first batch on April 15.

So step back to the kitchen table, folks, your 2012 tax forms are still due on April 15.

[Purveyor]

2. No, they will be affected as the IRS will not accept returns until Jan. 30th, delaying any

anticipated refund by at least 8 days.

That is my understanding at least.

[PoliticAverse]

3. The article had nothing to do with April 15th, it concerns how early you can file. n/t