IRS now accepting all 2012 tax return forms

March 5, 2013


Stack-of-legislationTax filing season 2013 is finally fully under way.

As promised, the Internal Revenue Service completed its updating and computer testing of the last batch of forms (29 of them) over the weekend and now is accepting all 2012 tax filings for individuals and businesses.

Have fun!

As every forced-to-wait taxpayer already knows, the IRS had to accept 2012 returns in phases because Congress took way too long to complete action on tax legislation that affected filings.

The season didn't start at all until Jan. 30, eight days later than planned. Even then, the agency couldn't take all returns. More than 30 forms had to be revised.

By mid-February, taxpayers claiming education tax credits and depreciation were able to file.

Now everyone gets into the 2013 filing season game.

But just because you can now file, don't get in such a hurry that you make a mistake.

The only thing worse than having to wait weeks to submit your tax return is to have it or some claim on it rejected because you were in a rush to get the dang thing done.

So take a breath.

Then file, carefully and correctly.

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Those procrastinating filers aren’t a problem. In fact, the IRS appreciates taxpayers who take time to fill out their 1040 forms correctly. It also is grateful that tax submissions are spread out a bit, especially now that the IRS is a leaner agency. Processing returns is easier when they arrive throughout the year instead of in massive bunches.

But enough about Uncle Sam’s tax collection issues. The focus now is on all y’all who filed for extensions, giving you another six months to complete your return. Since your new mid-October due date will be here before you know it, let’s get started now on meeting it.

The ol’ blog is here to help you finish up your extended Form 1040. You can start with January’s tax tips page, which has links to the rest of the year’s tips by-month collections. You also can peruse various tax categories for more tailored advice by clicking on the More Tax Posts drop-down menu at the top of this (and every) page.

And to make sure you don’t miss your new filing deadline, the count-down clock below will let you know just how much time you to file by Oct. 15. At the latest.e. (Note: I’m in the Central Time Zone, so adjust accordingly for where you live.)

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