taxguy057 Posted February 1, 2013 Report Posted February 1, 2013 What's the deal with IRS not accepting Form 8863 for MeF? This error is keeping me from creating an efile for my client. Anyway around this yet or anybody heard what the deal is and when it will be fixed? TG Quote
Janitor Bob Posted February 1, 2013 Report Posted February 1, 2013 IRS has delayed accepting returns that include 8863 until mid-February or early March. This is why ATX has blocked e-filing of returns that contain the 8863. 1 Quote
taxguy057 Posted February 1, 2013 Author Report Posted February 1, 2013 IRS has delayed accepting returns that include 8863 until mid-February or early March. This is why ATX has blocked e-filing of returns that contain the 8863. Any particular reasoning behind it....Although with the IRS nothing has reason!! Quote
Jack from Ohio Posted February 1, 2013 Report Posted February 1, 2013 Any particular reasoning behind it....Although with the IRS nothing has reason!! They found errors in their system processing the 8863. http://www.irs.gov/uac/Newsroom/IRS-To-Accept-Returns-Claiming-Education-Credits-by-Mid-February Everyone should sign up for all three of the IRS newsletters. You will know within 24 hours of the IRS making a decision. 1 Quote
Janitor Bob Posted February 1, 2013 Report Posted February 1, 2013 IRS To Accept Returns Claiming Education Credits by Mid-February IR-2013-10, Jan. 28, 2013 WASHINGTON - As preparations continue for the Jan. 30 opening of the 2013 filing season for most taxpayers, the Internal Revenue Service announced today that processing of tax returns claiming education credits will begin by the middle of February. Taxpayers using Form 8863, Education Credits, can begin filing their tax returns after the IRS updates its processing systems. Form 8863 is used to claim two higher education credits -- the American Opportunity Tax Credit and the Lifetime Learning Credit. The IRS emphasized that the delayed start will have no impact on taxpayers claiming other education-related tax benefits, such as the tuition and fees deduction and the student loan interest deduction. People otherwise able to file and claiming these benefits can start filing Jan. 30. As it does every year, the IRS reviews and tests its systems in advance of the opening of the tax season to protect taxpayers from processing errors and refund delays. The IRS discovered during testing that programming modifications are needed to accurately process Forms 8863. Filers who are otherwise able to file but use the Form 8863 will be able to file by mid-February. No action needs to be taken by the taxpayer or their tax professional. Typically through the mid-February period, about 3 million tax returns include Form 8863, less than a quarter of those filed during the year. The IRS remains on track to open the tax season on Jan. 30 for most taxpayers. The Jan. 30 opening includes people claiming the student loan interest deduction on the Form 1040 series or the higher education tuition or fees on Form 8917, Tuition and Fees Deduction. Forms that will be able to be filed later arelisted on IRS.gov. Updated information will be posted on IRS.gov. Posted by Kim Manuel at 12:32 PM Quote
taxguy057 Posted February 1, 2013 Author Report Posted February 1, 2013 @Jack Thx!! I just signed up!! Quote
taxguy057 Posted February 1, 2013 Author Report Posted February 1, 2013 @BoB You always come through as well!! Quote
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