Americans highly anticipate their annual tax return checks, but there could be a little more waiting than usual this time around, the Internal Revenue Service said in a statement released Wednesday, March 13, 2013.
The delay won’t affect all tax filers. It will only impact H&R Block customers, particularly students who filed IRS form 8863. This is the form used to file education tax credits and, due to an H&R Block filing error, it is going to take longer than normal to process the returns.
The Internal Revenue Service says that some 600,000 customers will experience delays due to its mistake and it could delay the mailing for return checks for some time. Worse, the error may cause a disruption in the financial aid application process for many students, making it difficult to satisfy bursar accounts and finalize enrollment at campuses across the nation.
"The IRS is continuing to review the situation and working with affected software companies to assist in the processing of these tax returns," said IRS spokeswoman Michelle Eldridge, in a statement responding to the mishap.
Not all H&R Block customers who file form 8863 are affected by the mistake. The IRS says that H&R Block’s error will delay processing for about 10 percent of those who filed the form so the majority of tax filers will be fine. Still, 10 percent of H&R Block’s education credit- seekers will be forced to wait for their return to process and the Internal Revenue Service says the review procedure for these error- laden returns could take up to eight weeks to complete.
H&R Block has apologized profusely for its glitch and promises to work with the IRS to speed up the return process.
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