LAist relies on your reader support, not paywalls.
Freely accessible local news is vital. Please power our reporters and help keep us independent with a donation today.
Everybody Gets A Tax Extension This Year
Photo by Marcin Wichary via Flickr
The U.S. tax filing season has begun and to celebrate, the IRS announced Tuesday that taxpayers will have three extra days -- until April 18, 2011 -- to file their 2010 returns! Has the The Internal Revenue Service become atypically generous? Nah. There's a holiday on April 15, Emancipation Day.
According to msnbc, "The agency also said that it would not be ready to process returns carrying itemized deductions until mid- to late February, because it has to reprogram its processing systems following the passage of a big tax bill at the end of 2010."
Those affected by the mid-Feb file include: people claiming itemized deductions on Schedule A, higher education deductions on Form 8917, and teachers claiming a classroom expense deduction of $250. Filing information for this new and exciting tax season is available on the official agency website, www.irs.gov.