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Wednesday, March 2, 2011

IRS now accepting Forms affected by Legislation enacted in December

On February 15, 2011 the Internal Revenue Service started processing individual tax returns affected by legislation enacted in December and reminded taxpayers that they can begin filing electronically immediately.
On Monday, IRS systems began to accept and process both e-file and paper tax returns claiming itemized deductions on Form 1040, Schedule A, as well as deductions for state and local sales tax, higher education tuition and fees and educator expenses.