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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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The More Tax Posts tab at the top of this page will take you to, well, more tax posts. You also can search below for a tax topic. 

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TAX-SAVVY WAYS 
TO WRAP UP 2026

It’s over! With October’s extended filing deadline behind us, it is now time to focus on year-end moves to reduce your 2026 tax bill. 

You’ll find ways to do just that on the Tax Tips page (see the More Tax Posts drop-down menu at the top of the blog), as well as the separate tax tip pages for each month, notably October through December. If you’re on the Tax Tips page, you’ll find a monthly list at the end of this column. If you’re on another blog page, you can head straight to the October tips; at the bottom of that tips page you’ll find links to all the other 11 months’ collections of tax advice.

Not to spoil what you’ll find in that tax advice, but it does cover such things as tax deductions for charitable donations, investment moves that could reduce tax due, and ways to max out your tax-favored retirement savings. 

Finally, as the year winds down, things get hectic. There are lots of other things to occupy our time, like the much more fun upcoming holidays. But don’t lose sight of taxes, since timing is key. To be of use, most tax moves must be made by the end of the tax year. That’s Thursday, Dec. 31, which also is the last business day of the year. 

So that you don’t miss that final tax year deadline, also keep an eye on the countdown clock below. It will keep you on top of just how much time is left to make important, tax-saving moves. (Note: I’m in the Central Time Zone, so adjust accordingly for where you live.)

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