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Friday, February 8, 2013

NEWS UPDATE: IRS Will Accept 8863, Education Credits, Starting Feb 14, 2013

NEWS UPDATE: The IRS just released the following information:

"On Thursday, Feb. 14, 2013, the IRS plans to start processing Tax Year 2012 returns that contain Form 8863, Education Credits."

They also stated:

"Effective Sunday, Feb. 10, 2013, the IRS will start processing Tax Year 2012 returns that contain Form 4562, Depreciation and Amortization. After completing the 9:00 am, Eastern maintenance build window, the various business rules used to reject returns with Form 4562 attached will be disabled. That includes the Form 1040-family tax returns, Form 1065/1065-B, Form 1120-family tax returns and Form 990-family tax returns."

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