2014 Tax Season Delayed Due to Shutdown
October 29, 2013
Thanks to the government shutdown, you’ll have to wait to file your taxes this year.
The IRS recently announced that the start of the 2014 tax season, which was scheduled for Jan. 21, will be delayed by one to two weeks. This means that the IRS will start accepting and processing returns around Jan. 28 to Feb. 4.
Why the delay? Programming, testing and deployment of more than 50 IRS systems is needed to handle the processing of nearly 150 million tax returns. The 16 day shutdown interrupted their work and put them behind schedule for being ready to start the 2014 filing season. This delay will give the programmers time to finish updating the agency’s computers.
The IRS is exploring options to shorten the expected delay and will announce in December a final decision on the start of the 2014 filing season.
Although early tax filers will have to wait an extra week or two to get tax refunds, the April 15 deadline for filing individual tax returns remains unchanged.