IRS delays start of tax filing season to Feb. 12

[mfcorey1]

The IRS is delaying the start of the 2020 tax filing season to Feb. 12, according to an announcement Friday from the agency.

On that date, the IRS will start accepting and processing last year’s tax returns.

Normally, the agency opens tax season in late January.

This year, however, the IRS will need more time to prepare after the Covid relief act that took effect in late December. And yes, the tax filing deadline is still April 15.

“If filing season were opened without the correct programming in place, then there could be a delay in issuing refunds to taxpayers,” the IRS said in its announcement.

“These changes ensure that eligible people will receive any remaining stimulus money as a recovery rebate credit when they file their return,” the agency said.

https://www.cnbc.com/2021/01/15/irs-delays-start-of-tax-filing-season-to-feb-12.html

[Shermann]

1. I never receive all my tax documents by Feb 12 nt

[Hestia]

2. You need to make some calls - by law they are to be mailed by 1/31/21

I've been getting mine via email all week, much earlier than usual, which it so much easier for me.

[Shermann]

3. The deadline for mailing 1099's is later than that

Feb 16 I believe.

[BainsBane]

4. Yes, 1099s can come later

I don't know the deadline, but they usually come in Feb.

[question everything]

6. You will claim the Recovery Rebate Credit on Form 1040, Line 30

https://www.democraticunderground.com/11212688

[question everything]

5. If you did not get the stimulus check, you can claim a Recovery Rebate Credit on Form 1040

Read more

https://www.democraticunderground.com/11212688

[OAITW r.2.0]

7. Probably a good idea. I want Biden's team reviewing and modifying

USG tax docs as needed.