Purpose: To provide an update regarding the American Opportunity Tax Credit (AOTC) for bona fide residents of Puerto Rico
The IRS MeF system inadvertently stopped accepting 1040 e-files earlier today. If you received reject R0000-120 : The IRS Submission type that was filed is not being accepted by MeF at this time. You can resend those returns up until 10:00 pm EST
For Tax Year 2017, e-file closes on Nov. 17; After that, disaster victims, others need to file on paper
WASHINGTON —The Internal Revenue Service today reminded people, including those in disaster areas, who want to file a 2017 tax return electronically to do so by Saturday, Nov. 17, 2018. Filing of paper tax returns will remain available after that date.
IRS Modernized e-file, the system that processes electronically-filed individual returns, will shut down after Nov. 17, enabling the IRS to perform annual maintenance and to reprogram the system for the upcoming 2019 tax-filing season.
As a result, any taxpayer needing to file after Nov. 17 will need to do so on paper.
While the vast majority of individuals have already filed their tax year 2017 federal tax returns, victims of Hurricane Michael, Hurricane Florence and other recent disasters qualify for an additional extension. This includes taxpayers who live, work or have a business in a federally declared disaster area, have a U.S. tax filing obligation and had previously obtained a valid 6-month extension of time to file their federal tax return. Extended deadlines vary by locality and range from Dec. 17, 2018, to Feb. 28, 2019. Currently, parts of Florida, Georgia, North Carolina, South Carolina, Virginia, Wisconsin and the Northern Mariana Islands qualify.
Note: TY 2016 and TY2015 returns will also have to be paper filed during the cut-over period
For Tax Year 2017, e-file closes on Nov. 17; After that, disaster victims, others need to file on paper
WASHINGTON —The Internal Revenue Service today reminded people, including those in disaster areas, who want to file a 2017 tax return electronically to do so by Saturday, Nov. 17, 2018. Filing of paper tax returns will remain available after that date.
IRS Modernized e-file, the system that processes electronically-filed individual returns, will shut down after Nov. 17, enabling the IRS to perform annual maintenance and to reprogram the system for the upcoming 2019 tax-filing season.
As a result, any taxpayer needing to file after Nov. 17 will need to do so on paper.
While the vast majority of individuals have already filed their tax year 2017 federal tax returns, victims of Hurricane Michael, Hurricane Florence and other recent disasters qualify for an additional extension. This includes taxpayers who live, work or have a business in a federally declared disaster area, have a U.S. tax filing obligation and had previously obtained a valid 6-month extension of time to file their federal tax return. Extended deadlines vary by locality and range from Dec. 17, 2018, to Feb. 28, 2019. Currently, parts of Florida, Georgia, North Carolina, South Carolina, Virginia, Wisconsin and the Northern Mariana Islands qualify.
Note: TY 2016 and TY2015 returns will also have to be paper filed during the cut-over period
Fact Sheet Edition: November, 2018
The initial release of the tax year 2018 Practice Lab will not have all the new tax reform changes programmed because the final IRS forms are not yet finalized. We have evaluated the impact to individuals taking the VITA/TCE Certification test. Volunteers should still be able to certify but you should proceed with caution when selecting answers as the Practice Lab may provide tax year 2018 calculations on 2017 forms. TaxSlayer will update the Practice Lab as final forms are approved.
The Practice Lab is tax software that is integrated within Link & Learn Taxes. A link connects students to the 2018 tax preparation software which allows hands-on practice in preparing tax returns.
Fact Sheet Edition: October, 2018