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?”
You get the gold star for being the "most observant FReeper of the day"
Most likely the IRS just wants to delay the refunds and uses this as an excuse, hoping people will by the lies.
good question!!
Maybe they want to delay the refunds.
Why didn’t the “reporter” ask this question? and it’s a darn good one.
It has nothing to do with the tax rate extensions. It has to do with changes in certain tax credits and write offs for tax year 2010. Those were changed after the IRS forms were already prepared for 2010. Those forms have to be redone.