IRS Will Begin Accepting Delayed Tax Returns Feb. 14

Important- This post relates to late legislation for tax year 2010 and not tax year 2011.  There were no filing delays for your 2011 taxes.  This is an older post.  There is no need to wait to file your taxes.

The IRS announced yesterday that they will begin accepting returns affected by the filing delays starting on February 14 – just in time for Valentine’s Day!

File Now with TurboTax

The good news is you don’t worry this doesn’t mean you need to wait until mid-February to file your taxes.  TurboTax is ready to accept your return today, whether you’re impacted by the delays or not.

If you claim itemized tax deductions on Schedule A, the higher education tuition and fees deduction and the educator expenses deduction, you can prepare and e-file your return now with TurboTax and we will hold it and then automatically submit your federal tax return to the IRS.  TurboTax will submit your state tax return immediately so you can get you your state tax refund as quickly as possible.

The IRS stated in their announcement that the filing delays, which impact both paper and e-filed tax returns, will affect approximately 9 million taxpayers (based on estimates from last year).

What about your state refund?

We know that everyone wants to get their refund ASAP.  Since TurboTax is the market leader, we have been able to work closely with states to get you your state tax refund as quickly as possible, even if your federal return is delayed until Feb. 14.  Not all other software or tax stores are able to do this for their customers.   To find out if your state is accepting returns from TurboTax now check out this post.

Have any other questions?  Leave them in the comments and we will try to help you out.