After a long wait, the IRS is finally ready to start processing individual e-file returns. Yesterday (February 14th) the IRS started accepting most individual e-files.
Due to the tax law passed in late December, the IRS has been updating its forms and computer system. The following forms and schedules are now available for e-filing:
- Schedule A (Form 1040), Itemized Deductions
- Form 8917, Tuition and Fees Deduction
- Educator Expense Deduction claimed on Form 1040, line 23
- Form 4684, Casualties and Thefts
- Form 8859, District of Columbia First-Time Homebuyer Credit
- Form 3800, General Business Credit
- Form 5405, First-Time Homebuyer Credit and Repayment of the Credit
- Form 6478, Alcohol and Cellulosic Biofuel Fuels Credit
- Form 8834, Qualified Plug-In Electric and Electric Vehicle Credit
- Form 8910, Alternative Motor Vehicle Credit
- Form 8936, Qualified Plug-In Electric Drive Motor Vehicle Credit
There is still a long list of business forms that are still awaiting IRS revision and approval. Hopefully, we will have most of the final forms by the end of next week.
Please let us know if you have any questions about the impact to your ability to file or the revised forms.