Tuesday, January 29, 2013

Form 8863 Education Credits Delayed

IRS announced on Monday, January 28th that they will NOT be processing Form 8863 Education Credits beginning on January 30th.  Instead, it becomes one of the forms that is being delayed until late February or early March.  This is a fairly common form that will impact many taxpayers.  We have already processed some returns with this form.  We anticipate these taxes to be rejected and held until the IRS approoves e-filing the return.

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