Thursday, January 20, 2011

Itemizers Can File Starting February 14

The IRS today announced that it will start accepting tax returns with itemized deductions on February 14.  The IRS had previously announced that there would be a delay in accepting returns from itemizers.  The last-minute tax legislation passed by Congress on December 17th affected certain types of deductions, and the IRS said it needed time to update its computer systems for the changes.

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