Friday, July 25, 2014

Follow us:
Follow us on Facebook Follow us on Twitter Subscribe to this news feed 

News

Cortland/Ithaca

Tax refunds could still be delayed

  • Text size: + -
CNY/NNY/S. Tier: Tax refunds could still be delayed
Play now

Time Warner Cable video customers:
Sign in with your TWC ID to access our video clips.

  To view our videos, you need to
enable JavaScript. Learn how.
install Adobe Flash 9 or above. Install now.

Then come back here and refresh the page.


UNITED STATES -- There's still a possibility our tax refunds will be delayed this year because of the last-minute deal on the fiscal cliff.

The IRS put out a statement saying they are “currently reviewing the details of this week's tax legislation and assessing what impact it will have on this year's filing season.”

If you look at the 1040 form for 2012, several lines are listed as "reserved." An IRS spokesman says those are placeholders for several fiscal cliff provisions it was waiting on, like the alternative minimum tax.

10.11.12.244 ClientIP: 54.198.140.130, 72.247.9.223 UserAgent: CCBot/2.0 (http://commoncrawl.org/faq/) Profile: TWCSAMLSP