IRS Plans Jan. 30 Tax Season Opening For 1040 Filers

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Federal, State, Local andInternational Taxes — Following the January tax law changesmade by Congress under the American Taxpayer Relief Act (ATRA), the InternalRevenue Service announced it plans to open the 2013 filing season and beginprocessing individual income tax returns on Jan. 30.

The IRS will beginaccepting tax returns on that date after updating forms and completingprogramming and testing of its processing systems. This will reflect the bulkof the late tax law changes enacted Jan. 2. The announcement means that thevast majority of tax filers — more than 120 million households — should be ableto start filing tax returns starting Jan 30.
The IRS estimatesthat remaining households will be able to start filing in late February or intoMarch because of the need for more extensive form and processing systemschanges. This group includes people claiming residential energy credits,depreciation of property or general business credits. Most of those in thisgroup file more complex tax returns and typically file closer to the April 15deadline or obtain an extension.
The opening of thefiling season follows passage by Congress of an extensive set of tax changes inATRA on Jan. 1, 2013, with many affecting tax returns for 2012. While the IRSworked to anticipate the late tax law changes as much as possible, the finallaw required that the IRS update forms and instructions as well as makecritical processing system adjustments before it can begin accepting taxreturns.
Who Can FileStarting Jan. 30?The IRS anticipatesthat the vast majority of all taxpayers can file starting Jan. 30, regardlessof whether they file electronically or on paper. The IRS will be able to accepttax returns affected by the late Alternative Minimum Tax (AMT) patch as well asthe three major “extender” provisions for people claiming the state and localsales tax deduction, higher education tuition and fees deduction and educatorexpenses deduction.
Who Can’t FileUntil Later?There are severalforms affected by the late legislation that require more extensive programmingand testing of IRS systems. The IRS hopes to begin accepting tax returnsincluding these tax forms between late February and into March; a specific datewill be announced in the near future.
The key forms thatrequire more extensive programming changes include Form 5695 (ResidentialEnergy Credits), Form 4562 (Depreciation and Amortization) and Form 3800(General Business Credit). A full listing of the forms that won’t be accepteduntil later is available on IRS.gov.
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