I don't *owe* them anything. They *take* what they want, but only what they can find.
Avoid. Evade. Conceal.
Frowning takes 68 muscles.
Smiling takes 6.
Pulling this trigger takes 2.
I'm lazy.
Posted on 01/01/2011 3:32:23 PM PST by RobinMasters
NEW YORK (CNNMoney) -- Itemize your tax deductions? Itching for a refund? You're going to have to wait.
The IRS said that it needs until mid- to late-February to reprogram its processing systems because Congress acted so late this year cleaning up the tax code. The bill, which includes deductions for state and local sales taxes, college tuition and teacher expenses, wasn't signed into law until Dec. 17.
The bill ensured that the federal income tax rates would not change, and itemized deductions will continue to be allowed in full for high-income taxpayers.
As a result, the 50 million taxpayers who itemize their deductions will have to hold off for a bit before they file. Of course, not everyone files early: only about 9 million of the 140 million U.S. tax filers filed in January or February of last year.
(Excerpt) Read more at money.cnn.com ...
And WHO does the IRS report to under this administration?
Anything that makes life harder for the IRS, especially compressing the filing window, strikes me as a good thing.
Pay what you owe, but file an extension until October for the paperwork.
Either this makes no sense, or we’ve been lied to. Why a delay for filing taxes against income earned in 2010? I thought the rate extensions were for 2011? More lies & BS from our “representatives” mischaracterizing the “Bush tax cuts?”
ML/NJ
I don't *owe* them anything. They *take* what they want, but only what they can find.
Avoid. Evade. Conceal.
Corn-puting. What IRS calls an IT department has to make thousands of manual patches every year whether tax rates are the same or not. Not even a bank would tolerate such a non parameterizable system like this.
"...But when a long train of abuses and usurpations, pursuing invariably the same Object evinces a design to reduce them under absolute Despotism, it is their right, it is their duty, to throw off such Government, and to provide new Guards for their future security..." - DOI, 1776
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Bush’s fault?
I don’t itemize, and usually use the short form. This year I haven’t got any federal tax forms in the mail yet. I’ve usually gotten them by now.
Something in the back of my memory. Did they not announce this to save money and because so many are doing electronic. You had to go to the post office or request it. Not sure maybe someone else remembers more or knows for sure.
I thought the extension of the tax cuts was for 2011 (and beyond), not 2010. I don’t see how this affects peoples’ filings for the 2010 tax year. What am I missing?
And I assume the IRS will waive any penalties or interest still owing in October, even after having paid the estimated amount in April? (/sarc)
except for Estate Tax Changes. Those changed alot in the new Bill even for 2010.
Caused by the same jerks who were in such a rush to pass Obamacare.
I know New York State no longer sends them in the mail, but hadn’t heard about the Feds. The post office used to carry the State forms, but don’t anymore. I had to go to the local library last year to get them. I hate wasting my ink cartridges on tax forms, but I’ll probably end up printing them off the internet.
I received a post card from the IRS back around September or so stating that tax forms would no longer be mailed—go to local IRS office, Post Office or public Library to get forms or order through their web site.
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