- Asked by goldeylocks227
- TurboTax Deluxe
So yes some people who input 1098-T information will have no problem if you take the Tuition and Fees deduction, or if you were a lucky few who the IRS took in for testing the system and subsequently found out they could not read the form 8863 correctly.
Good luck, and the only advice I can give is to just wait it out. The only info I can find on IRS.gov is that these returns will begin to process "middle of February". Many people are assuming February 15th (also a local preparer told me the 15th), but I have not found a specific date via the IRS.
Turbo tax has said that my return is still pending because they are not accepting certain forms--the only one I have on there is a 1098-T for school, I filed a week ago and my federal return is "in line" but still pending...any ideas of when they will start accepting them and processing them======> If your software company cannot provide you with any answers, call the IRS directly at 800-829-1040 for more accuarate info in detail on your issue
I filed on January 18 not knowing any of this BS about the delays, and thankfully mine was an early accept on the 25th of Jan. But here it is Feb 22 and my status on WMR website still says processing a date will be listed as soon as it is available.
This year tax situation is terrible, and I hope that everyone getting refunds gets it soon because we all need it thanks to our current government representatives not being able to fix the mess America is in. And it's too bad we can't cause them this much of a delay when they want to take the taxes out of paychecks each week.
IR-2011-7, Jan. 20, 2011
WASHINGTON — The Internal Revenue Service plans a Feb. 14 start date for processing tax returns delayed by last month’s tax law changes. The IRS reminded taxpayers affected by the delay they can begin preparing their tax returns immediately because many software providers are ready now to accept these returns.
Beginning Feb. 14, the IRS will start processing 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. Based on filings last year, about nine million tax returns claimed any of these deductions on returns received by the IRS before Feb. 14.
People using e-file for these delayed forms can get a head start because many major software providers have announced they will accept these impacted returns immediately. The software providers will hold onto the returns and then electronically submit them after the IRS systems open on Feb. 14 for the delayed forms.
Taxpayers using commercial software can check with their providers for specific instructions. Those who use a paid tax preparer should check with their preparer, who also may be holding returns until the updates are complete.
Most other returns, including those claiming the Earned Income Tax Credit (EITC), education tax credits, child tax credit and other popular tax breaks, can be filed as normal, immediately.
The IRS needed the extra time to update its systems to accommodate the tax law changes without disrupting other operations tied to the filing season. The delay followed the Dec. 17 enactment of the Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010, which extended a number of expiring provisions including the state and local sales tax deduction, higher education tuition and fees deduction and educator expenses deduction.
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