New Year’s Day has passed, which means tax season is coming up fast. In preparation, the Internal Revenue Service has announced some changes to look out for.
The first is the filing deadline this year will be April 18. David Tucker of IRS field media relations said this is because Emancipation Day, a holiday observed in the District of Columbia, falls on April 15, impacting the regular deadline and giving taxpayers an extra three days to file their 2010 returns and pay any due taxes.
Taxpayers requesting an extension will have until Oct. 17 to file those forms.
The other change is taxpayers claiming certain dedications must wait until the middle to end of February to file.
Tucker said this rule applies to those claiming the higher education tuition and fees deduction, the educator expense deduction or itemized deductions on Form 1040 Schedule A. Such itemized deductions include mortgage interest, charitable deductions, medical expenses and dental expenses, as well as state and local taxes. In addition, itemized deductions include the state and local general sales tax deduction that was also extended and which primarily benefits people living in areas without state and local income taxes.
He said the need for those taxpayers to wait is the result of tax law changes enacted by Congress and signed by President Barack Obama last month. The mentioned provisions expired at the end of 2009 and were renewed by the Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010, enacted Dec. 17.
“Because the IRS computers need to be able to take those into consideration and the process systems (must be) reprogrammed, they need to wait to file until mid-February,” said Tucker.
For more information or assistance in tax filing visit www.irs.gov.
• Contact reporter Jonathan Grass at 523-2276 or email@example.com.