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IRS is delaying processing tax returns with "education" credits... Anyone else getting delay notices?

 
RightMama
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User ID: 32470955
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01/31/2013 09:18 AM

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IRS is delaying processing tax returns with "education" credits... Anyone else getting delay notices?
This is the email I received... I used Turbotax.

Process delay for higher education credits

Your return has been accepted, but on January 28 the IRS announced that all returns like yours, with higher education credits, will be delayed for processing until sometime in mid-February. The specific higher education credits include the American Opportunity Tax Credit and the Lifetime Learning Credit, found on Form 8863.

What this means
Don't worry, your return is still accurate, and the IRS has accepted it. However, because it contains Form 8863, it will not be processed until the IRS is ready, and your federal refund will take a little longer than expected. This is a nationwide issue for everyone who is filing Form 8863, no matter who is preparing your taxes.

What you can do
Keep watching your email. We will keep you updated with the latest information from the IRS about your return.

Last Edited by RightMama on 01/31/2013 09:36 AM
RightMama
IRS Delay
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01/31/2013 09:48 AM
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Re: IRS is delaying processing tax returns with "education" credits... Anyone else getting delay notices?
Yes, I received the same notice from Turbotax. If you ask me, this is BS! Only a portion of my refund is due to Education credits. Most of it is coming from EIC and Child tax credit. However, I can not receive ANY of it now that the IRS decided to just put the education credits on hold! Wow!! I am really angry about this.
RightMama (OP)

User ID: 32470955
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01/31/2013 09:53 AM

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Re: IRS is delaying processing tax returns with "education" credits... Anyone else getting delay notices?
First they delayed the filing date and now another delay. Here are some links...

*** [link to www.journalofaccountancy.com]

[link to pittsburgh.cbslocal.com]

[link to www.irs.gov]

** [link to www.usatoday.com]
RightMama
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01/31/2013 09:56 AM
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Re: IRS is delaying processing tax returns with "education" credits... Anyone else getting delay notices?
i bet one year they will just say they're out of money and the returns will be delayed until the middle of the year. then the next year the delay will be indefinitely and noone will actually get their refund.
lala
User ID: 33533051
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02/02/2013 05:36 PM
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Re: IRS is delaying processing tax returns with "education" credits... Anyone else getting delay notices?
I'm right there with you. .. I know people that got there money friday thatbi filed with... but I have to wait... booooo!!! Mine was only 200 for the school... rest EIC AND CHILD tax...
mopar28m
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User ID: 14265444
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02/02/2013 05:39 PM

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Re: IRS is delaying processing tax returns with "education" credits... Anyone else getting delay notices?
The news said the other night that they have to update their system to receive that form.

So......why couldn't they just transfer the old form to this year?

Am I the only one that is seeing weird things showing up on the forms this year?
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Racin​g to end vaccinations.
larisam
User ID: 33607566
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02/03/2013 05:55 PM
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Re: IRS is delaying processing tax returns with "education" credits... Anyone else getting delay notices?
This is just unbelievable ... H and R Block told me it was a wait and see.....unrealistic... no one saw this problem before.
Anonymous Coward
User ID: 17388397
United States
02/03/2013 06:09 PM
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Re: IRS is delaying processing tax returns with "education" credits... Anyone else getting delay notices?
yes same with me had to wait from mid to end of February.
Anonymous Coward
User ID: 7701046
United States
02/22/2013 09:05 PM
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Re: IRS is delaying processing tax returns with "education" credits... Anyone else getting delay notices?
Middle of Feb has came & gone and we're still waiting ..... it went from accepted to having no bars up top and just says "processing" ....
Tee
User ID: 36416034
United States
03/18/2013 07:56 AM
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Re: IRS is delaying processing tax returns with "education" credits... Anyone else getting delay notices?
This is BS..I went through H & R Block and mine is on hold too for 250 dollars??? They can keep it, I just want my money..geesh! lol

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