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#1 Ray in Ohio

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Posted 08 February 2013 - 03:41 PM

Just got the following email:



Effective 9:00 am Eastern time on Sunday, February 10, 2013, the IRS will start processing 2012 returns that contain Form 4562, Depreciation and Amortization. This will include the Form 1040-family tax returns, Form 1065/1065-B, Form 1120-family tax returns and Form 990-family tax returns.

On Thursday, February 14, 2013, the IRS plans to start processing 2012 returns that contain Form 8863, Education Credits.

#2 joanmcq


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Posted 08 February 2013 - 04:22 PM

Oh yay!  I just had to add depreciation to my tenant's return (and he gets EIC, at least for 2012 and owes me a LOT of back rent) and I want my moneh!


I thought I'd have to tell him the return would be delayed for three or four weeks...

#3 Lion EA

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Posted 08 February 2013 - 04:49 PM

I read that on an IRS email I received. I was using depreciation as an excuse to postpone a couple of problem clients, maybe put them on extension. Now I'm going to have to start working faster!

#4 JohnH


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Posted 08 February 2013 - 08:13 PM

Don't tell them.


If they call to say they read something about the change in the newspaper, just say "It doesn't apply to you".  What you really mean is, "it doesn't apply to problem clients". 

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