Following the late approval of the American Tax Relief Act of 2013, the IRS announced it will delay acceptance of 2012 tax returns by a few days. The IRS will begin accepting and processing individual tax returns on January 30.
The IRS will begin accepting tax returns on that date after updating forms and completing programming and testing of its processing systems. This will reflect the bulk of the late tax law changes enacted Jan. 2. The announcement means that the vast majority of tax filers -- more than 120 million households -- should be able to start filing tax returns starting Jan 30.
The majority of returns will be able to file by January 30, but there are some which will need to wait a little longer. Those forms were affected by the late legislation that require more extensive programming and testing of IRS systems. The IRS hopes to begin accepting tax returns including these tax forms between late February and into March; a specific date will be announced in the near future.
The key forms that require more extensive programming changes include Form 5695 (Residential Energy Credits), Form 4562 (Depreciation and Amortization) and Form 3800 (General Business Credit). A full listing of the forms that won’t be accepted until later is available on IRS.gov. For a list of the returns which will not be ready by Jan 30 click here.