IRS Advises Further Delays For Taxpayers Claiming Education Breaks

Source: Forbes Posted By: Len W...4128 days ago

With just a few days left before tax season officially opens on January 30, the Internal Revenue Service has announced that there will be a slight delay in processing individual tax returns claiming education credits. Those returns will begin to be processed by the middle of February.

Specifically, those taxpayers who are affected are those who will file federal form 8863, Education Credits (downloads as a pdf). Those taxpayers can begin filing their tax returns after the IRS updates its processing....

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