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IRS Extends 2012 Tax Season

by Mike Godfrey, Tax-News.com, Washington

06 January 2012

The United States Internal Revenue Service (IRS) has opened the 2012 tax filing season by announcing that taxpayers have until April 17 to file their tax returns.

Taxpayers will have until Tuesday, April 17, to file their 2011 tax returns, and pay any tax due, because April 15 falls on a Sunday, and Emancipation Day, a holiday observed in the District of Columbia, falls this year on Monday, April 16. According to federal law, District of Columbia holidays impact tax deadlines in the same way that federal holidays do.

The IRS has also announced a number of improvements to help make this tax season easy for taxpayers. This includes new navigation features and helpful information on its website, and a new pilot to allow taxpayers to use interactive video to get help with tax issues.

“At the IRS, we’re working hard to make the process of filing your taxes as quick and easy as possible,” said IRS Commissioner Doug Shulman. “Providing quality service is one of our top priorities. It not only reduces the burden on taxpayers, but also helps in filing an accurate return right from the start.”

The IRS expects to receive more than 144m individual tax returns this year, with most of those being filed by the April 17 deadline.

It will begin accepting e-file and Free File returns on January 17, 2012. Additional details about e-file and Free File will be announced later this month, but Free File provides options for free brand-name tax software or online fillable forms plus free electronic filing.

It is pointed out that all taxpayers can use Free File to prepare a federal tax return. Taxpayers who earn USD57,000 or less can choose from approximately twenty commercial software providers. There is no income limit for Free File Fillable Forms, the electronic version of IRS paper forms, which also includes free e-filing.

In addition, individuals earning USD50,000 or less can use the Volunteer Income Tax Assistance programme for free tax preparation and, in many cases, free electronic filing. Individuals age 60 and older can take advantage of free tax counselling and basic income tax preparation through Tax Counselling for the Elderly.

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Tags: tax | individuals | individual income tax | tax compliance | United States | Internal Revenue Service (IRS) | compliance | tax authority | Internal Revenue Service (IRS)

 






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