(Memphis) The wait is over.
The IRS is ready to begin processing federal tax returns, after being delayed several weeks.
“Typically its a little bit earlier, but there were some late tax legislation that was passed so we had to adjust our processing forms, etc, so tax payers can file today,” said Michael Dobzinski, an IRS spokesperson.
Despite the delayed start, Dobzinski says taxpayers should see their returns as quickly as they did last year, “Nine out of ten taxpayers last year got their refund within 21 days and we expect that to be the same this year.”
However, Dobzinski says new tax legislation has slowed down the processing for those who may be filing for education and business credits as well as depreciation in energy credits.
“They have to wait until mid to late February to file,” said Dobzinksi. “We haven’t made those adjustment forms yet.”
He recommends filing online and choosing direct deposit for the quickest return on your taxes and me says pay attention to all the details before making the final click.
“Its your tax return,” said Dobzinski. “You need to review it at the end before you hit that send button, print it out take a look at it, make sure everything is there that is necessary and you’ll be all set to go.”
The IRS offers free help filing taxes: http://www.irs.gov/uac/Contact-My-Local-Office-in-Tennessee