• Home
  • News
    • Politics & Government
    • Business & Economy
    • Crime / Courts
    • Health / Medicine
  • Sports
    • High School Sports
    • Radio Iowa Poll
  • Affiliates
    • Affiliate Support Page
  • Contact Us
    • Reporters

Radio Iowa

Iowa's Radio News Network

You are here: Home / IRS issues reminder on AMT filing

IRS issues reminder on AMT filing

January 8, 2008 By admin

The Internal Revenue Service is reminding you that legislation passed by Congress last month will affect some early tax return filers this month. IRS spokesman Christopher Miller says it will mean a delay in refund checks for a large group of people — more than 13-million nationwide.

He says the delay is due to the Alternative Minimum Tax, or AMT, legislation which was enacted in December. The delays will only be experienced by those who use five credit forms in their returns. Miller says those forms relate to education, residential energy, child and dependent care expenses, mortgage interest, and something for first-time homebuyers in Washington D.C.

Miller says if you’re filing using one of those forms, you won’t be able to send your return to the IRS for a few weeks, until February 11th, as the computers are being reset to compute the changes. Miller says it’s always a good idea to get a jump on your tax return, regardless of whether or not you will have to wait until mid-February to file. He says it’s not unusual for Congress to pass a law that affects how people file their taxes, though it’s usually not so late in the year.

He says: "We certainly have tried to do all that we can to minimize any impact on taxpayers. It’s just that we have to react when legislation comes down and that’s what we’re attempting to work with as best we can." Miller encourages people to use the e-file system, saying it’s much quicker than traditional paper filing. For more information on the AMT changes or e-filing, visit the IRS website .

Share this:

  • Facebook
  • Twitter

Filed Under: Uncategorized Tagged With: Taxes

Featured Stories

Summit has easements for 20% of carbon pipeline route through Iowa

Morel mushroom hunters on hold without warmer conditions

Trinity Health aquiring all MercyOne health properties

Field of Dreams site developer wants to bid on state baseball, softball tournaments

Governor gets bill targeting Iowa bars deemed ‘public safety nuisance’

TwitterFacebook
Tweets by RadioIowa

Radio Iowa/Baseball Coaches Association High School Poll 5/16/22

Iowa assistant coach Kirk Speraw to retire

Northern Iowa prepares for Missouri Valley Conference softball tournament

T.J. Otzelberger announces staff changes at Iowa State

Iowa State adds transfer guard

More Sports

eNews and Updates

Enter your email address:

Delivered by FeedBurner

Archives

Copyright © 2022 ยท Learfield News & Ag, LLC