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Friday
Jan212011

IRS to Begin Processing Delayed Tax Returns

Photo Courtesy - Getty Images(WASHINGTON) -- The IRS has announced it will begin processing delayed tax returns on Feb. 14.

The start date applies to tax returns that were delayed by tax law changes that took place on Dec. 17, 2010.  The IRS said it will process "both paper and e-filed returns claiming itemized deductions on Schedule A, the higher education tuition and fees deduction on Form 8917 and the educator expenses deduction."

People unaffected by the delay can start filing their returns immediately, including those who will claim the Earned Income Tax Credit and education and child tax credits.

The delay was a result of the enactment of the Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010, which extended several expiring provisions.

Copyright 2011 ABC News Radio

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